[arielweisberg]

Or invest in an index with no active risk.

I have trouble taking seriously any "serious investor" that invests in a fund and expects to beat the market. It's been researched to death and it's a losing proposition that doesn't acknowledge the rules of the system.

You can beat the return of a broad market index just not by paying someone else to do it.

[drinkislande]

I take it neither of you have ever read "What Works on Wall Street"? crack it open, and tell me it's impossible to beat the market. Just because lazy people advocate buying index funds doesn't mean it's automatically the best choice. If you're just satisfied with mediocrity, then fine, do it. However one trait of successful humans is that they seek to improve upon the status quo.