Explain what it means to “beat the market.” Why do many individuals -- both academic and...

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Finance

Explain what it means to “beat the market.” Why do manyindividuals -- both academic and nonacademic -- believe that suchis not systematically possible? What may move you to temper thisview? Please be thorough

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Answer Beating the market basically means generating superior returns than of the benchmark index or the market in general For example SP 500 benchmark index is the benchmark which is considered by the fund managers and investors for matching their returns if any of the fund or investor in particular generates higher rate of return    See Answer
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