You Can’t Beat the Market

You’ve surely heard of Warren Buffet, but have you ever heard of Ben Miller? He is a successful investor most known for his portfolio management strategy that beat the S&P 500 for 14 years straight (1991-2005). Miller attributes his achievement to the same concept that made Buffet his billions: its time, not timing.Join Matt Robison and I on this week’s podcast to learn why your odds of beating the market are slim. In particular, we explore:Market Efficiency - It all balances out in the end meaning there will be winners and losers. If you want to be a winner, there are fees that come with having an active fund manager looking for ways to get you that extra return, which usually leads to a net zero.Differentiation - Still want to try and outperform the market? You have to have a different strategy that is also better than everyone else’s. There is a simple strategy to winning - don’t try. Invest in low cost index funds and let the market do its job and make you money. Don’t just take my word for it, check out this piece from Howard Marks.Learn more about Mike and my services at https://www.mortonfinancialadvice.com and connect at https://www.linkedin.com/in/mwsmorton/Are you ready to create your ideal lifestyle? Let’s Connect.