Active vs passive investing

Since two thousand and eight, when the central banks started to get very aggressively involved, individual stock pickers reigned the universe. I think that i have disproportionately benefited from being at the right place at the right time, backed by enormous amounts of central bank money. index funds that are long concentrated market beta will always not perform in the long run. And every time we confuse alpha and beta, we get over our ski tips, and there's always some big elk, you know, blow up.