In the last few weeks, a handful of people have asked to see a greater discussion of the drawbacks to passive investing. I’ve been thinking about it a lot. So here we go…
- It’s boring.
- There’s precisely zero chance that you’ll get rich overnight.
- It’s difficult. (Not the mechanics of it–those are quite simple. The hard part is sticking it out through a down market.)
From my perspective, that about covers it. Anybody have anything they want to add?