Personal Finance Buzz

If you’re an investor in index funds, like I am, then you probably believe that it’s impossible to beat the market in the long run. You’ve had everyone from bloggers to Warren Buffett tell you the best thing for you is to invest in mutual funds indexed to the market. We do this because we believe the market is unbeatable. This is the belief in the so called “Efficient Market Hypothesis“. Basically we’re saying that stock prices already reflect all available...