From CNBC: 2025-02-16 09:05:14

Index investing pioneer Charley Ellis emphasizes the difficulty of beating the market and warns investors of their own biases impacting their strategy. Ellis outlines common biases like the gambler’s fallacy and confirmation bias in his new book, urging investors to consider ETFs with lower fees for long-term success. ETF expert Dave Nadig agrees, cautioning against trying to time the market. Ellis also suggests a new perspective on Social Security income for retirement planning.

Read more: 5 biggest self-defeating mistakes investors make trying to beat market