> active strategies lose out to passive ones in the long run. This is only true in the average. Most people can't do it. It's false if we're talking about spe

> active strategies lose out to passive ones in the long run. This is only true in the average. Most people can't do it. It's false if we're talking about specific strategies (e.g. Medallion Fund). There are computerized short-term strategies that print money almost every single day, deployed in a few of the large firms.