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Economy

How index funds win by not picking stocks

HERE’S THE INTERESTING PART

Active stock picking is strictly for suckers who enjoy stress and consistently underperforming the market. Index funds operate on the deeply cynical premise that nobody actually knows what they are doing, so they just systematically buy a tiny slice of every major company, successfully turning aggressive mediocrity into a winning financial plan.

From the Stacky collection1 min read
How index funds win by not picking stocks
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