You've probably heard that most investors and professional fund managers alike cannot beat the S&P 500 in the long run. This is true, but did you ever wonder why its so hard to beat the S&P? When we look back at historical returns all of the paths that would have outperformed the S&P look obvious. The problem is that everything looks clear in hindsight, but when you're acting in the present things tend to get a bit more complicated. Today I want to share with you one of the factors that makes it very difficult to beat the S&P in the long run. I hope you enjoy! M1 Finance referral link: https://m1.finance/UNbCUpuP36lm Links: Subscribe to my channel: https://www.youtube.com/c/LongacresFinance Patreon: https://www.patreon.com/LongacresFinance Disclaimer: This video is intended for entertainment purposes only and should not be taken as investment advice.