Don't try to beat the market from "summary" of The Bogleheads' Guide to Investing by Taylor Larimore,Mel Lindauer,Michael LeBoeuf
The idea of trying to beat the market is a common pitfall that many investors fall into. It involves attempting to outperform the overall market by picking individual stocks or timing the market. While this may seem like a lucrative strategy, it is actually quite risky and often leads to underperformance in the long run. Many investors believe that they have the ability to predict which stocks will outperform the market and which ones will underperform. However, numerous studies have shown that even professional money managers struggle to consistently beat the market over time. This is because the market is incredibly efficient, with millions of investors buying and selling securities based on all available information. Attempting to beat the market often involves taking on more ris...
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