I own puts. Outdoing index funds is easy. Investing is just like any other job. You do something cheaply than sell it for more. If the vast majority of fund man

I own puts. Outdoing index funds is easy. Investing is just like any other job. You do something cheaply than sell it for more. If the vast majority of fund managers are below average, than so to are the vast majority of doctors, lawyers and engineers. Investing isn't a special industry. Most surgeons are actively bad for their patients as compared to the average. Most engineers are bad for their projects compared to the average. Most lawyers are bad for contracts compared to the average. That's just how the world works.