Why indexing works

CategoriesFinance., Homepage

Check out this whitepaper:

why-indexing-works ( https://d15g8hc4183yn4.cloudfront.net/wp-content/uploads/2021/03/15230029/why-indexing-works.pdf )

tl;dr it’s statistically hard to do better than an index, partly because only a few stocks propel the entire index to its heights.