Seeking Alpha
Warren Buffett has famously said that most people ought to invest in indexes. That implies it's the best way to invest. But common sense and the results of great investors says that isn't true.
Indexing is the best way to invest for below average investors. The problem is that investors aren't on a bell curve. Most investors are below average. That is why the small percentage of good investors do so well, they are taking money from a big group of bad investors.
