On: How to Win at the Stock Market by Being Lazy

[mattnewton]

It depends on what your definition of beating the market is, and how much you are investing. It’s probably much easier for me with my tiny net worth to beat it consistently than the funds of the two John’s you mentioned. If your definition is SP500, a retail investor could have just bought a Nasdaq100 basket and crushed “the market” over almost all of the last 5 years.

[Youden → mattnewton]

The normal definition of "beat the market" is to achieve greater *risk-adjusted* returns.

It's no secret or controversy that higher risk means higher returns, that's generally accepted as a given.