the weakonomist

Are Index Funds the Only Rational Choice?

Yeah, we could all spend hours researching 500 stocks to pick the best 15 and then outperform the market by a few percentages. Or we could spend those hours doing something more productive, like doing actual work and making money, or playing with kids, or studying for school.

What you fail to recognize is the cost/benefit of the time needed to research stocks. Most people would serve the economy better by just focusing on their jobs and not having to think about their investments. If every American was a Seeking Alpha reader perhaps your argument would carry some merit.

My only actual point though is this: I could have read the quarterly income statements of a dozen stocks in the time it took me to read this article. I think you should owe us some stock tips for wasting our time.