Why do passive index funds beat active investors in the U.S., yet the opposite is true for foreign markets?

- Passive index funds tend to outperform active investors in the U.S. stock market, but the opposite is true for foreign markets. - Foreign markets may be relatively inefficient compared to the U.S., allowing active investors to exploit mispricing. - Market life cycles may differ between the U.S. and foreign markets. - Consider the potential for changes in market life cycles that could impact the performance of index funds versus active management. - Link to an article discussing when active mutual funds tend to outperform index funds: [https://www.cnbc.com/2020/11/24/heres-when-active-mutual-funds-tend-to-outperform-index-funds.html](https://www.cnbc.com/2020/11/24/heres-when-active-mutual-funds-tend-to-outperform-index-funds.html) - The CNBC article appears to be missing or not loading properly - The page prompts the user with various options like subscribing to CNBC PRO or Investing Club - There are links to different sections such as Markets, Business, Investing, Tech, Politics, and CNBC TV - The website offers information on personal finance, credit cards, loans, banking, mortgages, insurance, credit monitoring, and small business, among other topics - Users can sign up for newsletters, view licensing and reprints, and get information on CNBC Councils - They can also find CNBC on Peacock, join the CNBC Panel, and access closed captioning and digital products - The CNBC site has sections for news tips, CNBC newsletters, advertising, privacy policy, terms of service, and more - It provides up-to-date data from Reuters and offers options to opt out of data sharing or targeted advertising.