Investors and advisors perennially debate the merits of active investing vs. passive investing, but abundant evidence shows passive investing typically produces superior long-term returns.
The evidence is clear from reams of objective research performed by academic finance and economics experts who have no conflict of interest — their incomes won’t change no matter what they find. Overall, their examinations of returns since passive vehicles became widely available in 1976 show passive management’s average superiority.
https://www.cnbc.com/2018/09/04/evidence-based-investing-wins-over-speculating.html
