Simple Works

Have you seen the TV commercial where a man is talking to some kids and asks them which is better, slower or faster? The kids scream faster. Then he asks them, which is better, doing one thing or doing two things? They scream two. I don’t remember the product the commercial is selling, but, to me this is why many investors find it hard to accept the simple index fund approach to investing. We have been conditioned to think that our ever expanding technology makes complex better. In the invest...