Index investing takes the guesswork out of trying to predict which company will rise or fall, and instead bets on the total growth of the stock market. That, I could get behind. In any given race, I’d have no idea which horse is going to win or lose, so I’d never bet on any individual horse. But would I bet on the casino? Absolutely. Because no matter which horse wins or loses, the casino makes money. Index investing allows you to bet on the casino.
