MI174: Why It's So Hard To Beat The Market (Mini-Episode)
The Intrinsic Value Podcast - The Investor’s Podcast Network
The Investor's Podcast Network
4.6 • 592 Ratings
🗓️ 28 May 2022
⏱️ 19 minutes
🧾️ Download transcript
Summary
Transcript
Click on a timestamp to play from that location
| 0:00.0 | You're listening to TIP. |
| 0:02.9 | Hey everyone, welcome to the millennial investing podcast. |
| 0:06.0 | I'm your host, Clay Fink, and today is another release of our mini-episode series that is |
| 0:11.1 | released every Saturday. |
| 0:13.0 | The mini-episode series is the type of episodes where it is just me diving into a specific |
| 0:17.7 | topic related to personal finance, money, investing, and other money |
| 0:22.0 | challenges that millennials might face in their life. With that, let's dive right in. |
| 0:27.3 | You're listening to Millennial Investing by the Investors Podcast Network, where your hosts, |
| 0:32.9 | Robert Leonard and Clay Fink interview successful entrepreneurs, business leaders, and investors to help |
| 0:38.9 | educate and inspire the millennial generation. |
| 0:47.7 | All right, during this episode, I'm going to be covering why it is so difficult to beat the |
| 0:53.0 | market, and by market, I mean the S&P 500. |
| 0:56.7 | I think that many people almost assume that about anyone can beat a simple S&P 500 index fund, |
| 1:02.4 | thinking that it really can't be that difficult. First, when someone chooses that they want to |
| 1:07.5 | invest in stocks, one could either choose active management or passive management. |
| 1:12.4 | Passive management involves simply buying a low-cost index fund that follows the trend of the |
| 1:17.3 | overall stock market. The S&P 500, for example, owns 500 of the largest companies in the United States. |
| 1:24.0 | Its top holdings include companies like Apple, Microsoft, Amazon, and so on. |
| 1:29.0 | So when I say it is difficult to beat the market, by market, I generally mean the S&P 500, |
| 1:34.4 | since it is a general indicator of the stock market as it holds 500 of the largest companies. |
| 1:40.8 | Active management involves trying to pick and choose stocks, oftentimes with the goal of trying to beat |
| 1:46.3 | the S&P 500, because if you can't beat the S&P, then you might as well just take the passive strategy |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from The Investor's Podcast Network, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of The Investor's Podcast Network and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.