> Warren Buffett argues that active investing doesn't make sense because it loses out to passive investing in the long run. I agree with this. He is an active

> Warren Buffett argues that active investing doesn't make sense because it loses out to passive investing in the long run. I agree with this. He is an active investor… He may argue for buy and hold the S&P for ordinary folks, but he’s obviously not advocating no one actively makes decisions about specific companies — that’s literally what he does.