Why passive investing outperforms active management and why it is impossible for active investors to outperform the market.

You can’t beat the average, if you are the average! Unfortunately, there are many people in the wealth management industry who do not understand that it’s impossible for active managers to outperform—as a whole. I believe the foremost reason is that most don’t understand how a market works. Folks forget the financial market is just Read more about Why passive investing outperforms active management and why it is impossible for active investors to outperform the market.[…]