There are two ways to be an intelligent investor:
If you have time to spare, are highly competitve, think like a sports fan, and relish a complicated intellectual challenge, then the active approach is up your alley.
If you always feel rushed, crave simplicity, and don't relish thinking about money, the passive approach is for you.
Some people will feel most comfortable combining both methods-creating a portfolio that is mainly active and partly passive or vice versa.
- The Intelligent Investor, Benjamin Graham
