Joseph Carlson released a video about people who think it's impossible to beat the market and received a lot of criticism. In this video, I go through a video from Strong Man Finance that critiques his video with the usual Boglehead criticisms and say why I think Strong Man is wrong and Joseph Carlson is right.
This is not investment advice!
Chapters:
0:00 Introduction
0:47 Bogleheads...
2:11 S&P 500 or VT as a portfolio benchmark
2:59 Investment Professionals vs Retail
5:27 Time Constraints of Stockpicking
6:51 Can the past predict the future?
8:07 Efficient Market Hypothesis
9:38 Magnificent 7
10:41 Small % of Stocks Drive the Market
14:06 How hard is it to pick the best stocks?
15:24 Final Thoughts
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