It's not good enough to be the best hedge fund manager. You need to make more profit that investing in a boring index fund, including the additional overhead of

It's not good enough to be the best hedge fund manager. You need to make more profit that investing in a boring index fund, including the additional overhead of moving money around. And the research seems to show that most fund managers do not. https://www.npr.org/sections/money/2016/03/04/469247400/episode-688-brilliant-vs-boring https://www.npr.org/sections/money/2016/03/04/469247400/epis...