Another way of asking this is, “Is it possible to outperform the market?” In some cases, in actuality ... but I gotta tell you, it’s few and far between.
You’ve heard of Warren Buffett, the world-beating investor. The reason you know Warren Buffett's name is because there’s only one Warren Buffett. There’s only one guy like that, who has a track record like that.
Put another way: Those active managers, who consistently outperform the market over a five-year period? The percent of them that do this is less than one percent. Less than one percent.
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