Most hedge funds run by professional managers have underperformed a buy-and-hold index fund strategy available to every retail investor: https://www.investopedi

Most hedge funds run by professional managers have underperformed a buy-and-hold index fund strategy available to every retail investor: https://www.investopedia.com/articles/investing/030916/buffetts-bet-hedge-funds-year-eight-brka-brkb.asp https://www.investopedia.com/articles/investing/030916/buffe... If retail investors want to lose their shirt gambling on options, that's their choice, but it's certainly not true that "the pros" always beat "the amateurs".