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by wait_a_minute 2375 days ago
Index funds outperform most actively managed funds, last I checked. In most cases you'd be outperforming professional investors just by sticking with the S&P 500.

Yeah, it's possible to be the 1% of traders who can outperform the S&P 500...but very unlikely especially if you look at long periods of time.

And the post is about "self-driving money" rather than active trading. In that case, an index fund that tracks the S&P 500 is basically self-driving money.