Many times your comment make me wonder
My point to wuqijin on S&P 500 index vs the basket of 5 is:
a. I’m investing in the best 500 US businesses, not the entire market nor a concentrated basket of 5.
b. I’m leveraging on professionals to do the work for me. And I pay peanuts for their service.
c. Actively managing the basket of 5 need time and resource, and possibly switching in and out, may be replacing them if need be. No difference from working. It is essentially a resource person’s job.
When you overthink, you would realize everybody and every job has an investing, managing and specialist component… if you overthink, you miss the point. The point is try to move the mix to investing, use leveraging.