But let's say you are confident. You believe your intuition is going to somehow outsmart this thing called the market.

You're competing with hedge funds that employ literal physicists, stateticians, and engineers who haven't seen sunlight since the Obama administration.

I hate to break it to you, but by the time you think you've caught the

trend, the trend is already in a villa in Santorini, sipping a nagroney and whispering,

you're late. Hello, friends. This is Tyler Gardner, welcoming you to another episode of

your money guide on the side, where it is my job to simplify

what seems complex, add nuance to what seems simple, and learn from and alongside some of the

brightest minds in money, finance, and investing. So let's get started and get you one step

closer to where you need to be. Today, my friends, we are going to explore nine reasons

why you and I are never going to beat the stock market. I have spent an embarrassing number of

years studying this stuff. Books, charts, spreadsheets, more books, like some kind of socially

awkward monk whose sacred temple is a vanguard prospectus. I'm not kidding. I have invested

personally and professionally, succeeded just enough to be dangerous, failed, just enough to be

humble, and still, somehow, after all this time, I remain completely

unequipped, emotionally, intellectually, and possibly genetically, to outsmart this thing we call

the stock market. As some of you know, I live a pretty simple life with my wife in the woods

of Vermont, where my primary advisors are two bloodhounds named Wallace and Dixie and a raccoon

who keeps stealing my compost. And even from this place of quiet reflection and deeply mediocre

internet service, I can tell you with full confidence, the market

is smarter than I am.

And once you understand what you're actually up against, and I mean really understand,

you'll probably realize the same is true for you, and you won't waste the next 20 years of your life or mental

...