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by perardi 2483 days ago
You are not a dummy. Over the past 30 years, index funds have outperformed active management, especially when you consider the fees.

You are a ”dummy” in the sense you don’t have perfect information awareness on every possibly tailwind or headwind that could impact a particular stock. But everyone is a dummy in that sense.

1 comments

> But everyone is a dummy in that sense.

And even honest people well versed in economics will tell you that they are too.