The active investors will have their returns diminished by a far greater percentage than will their inactive brethren. That means that the passive group – the “know-nothings” – must win.
![The active investors will have their returns diminished by a far greater The active investors will have their returns diminished by a far greater Image](https://www.idlehearts.com/images/the-active-investors-will-have-their-returns-diminished-by-a-far-greater.jpg?x85372)
The active investors will have their returns diminished by a far greater percentage than will their inactive brethren. That means that the passive group – the “know-nothings” – must win.