Don't try to beat the market from "summary" of The Little Book of Common Sense Investing by John C. Bogle
The concept of trying to beat the market is a common temptation for many investors. It seems natural to want to outperform the market and earn higher returns on investments. However, this desire often leads investors down a risky path that can result in significant losses.
Attempting to beat the market involves trying to predict which stocks or funds will outperform the overall market. This strategy requires a great deal of research, analysis, and often speculation. It also often involves taking on higher levels of risk in pursuit of higher returns.
The problem with trying to beat the market is that it is incredibly difficult to do so consistently. Countless studies have shown that the vast majority of professional fund managers are unable to outperform the market over the long term. Even individual investors who try to pick winning stocks or time the market often end up falling short.
In addition to the challenges of beating the market, actively managed funds also come wi...
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