> I don't believe in passive index investing. You know how Warren Buffett made a multimillion dollar bet that the index will outperform a bunch of hedge funds o

> I don't believe in passive index investing. You know how Warren Buffett made a multimillion dollar bet that the index will outperform a bunch of hedge funds over a decade long period? My truthful belief is I don't necessarily believe passive investing to be the answer. This was glided over without much detail. Warren Buffett did make this bet. But he won it! https://longbets.org/362/ https://longbets.org/362/ It's like saying "You know how Galileo was talking about an experiment to see if heavier things fall faster? My truthful belief is that I don't necessarily believe that something lighter could fall at the same speed". >If their model is payment for order flow, there's no question they just want you to trade, no matter if you win or lose money. The broker wanting people to trade is also the case if they had charged $10 per trade, the prior business model for retail trading.