Core Insights - The difficulty of consistently outperforming the market leads to a flood of investors attempting various strategies to achieve this goal [1] - The perspective of financial influencer Humphrey Yang highlights the futility of trying to beat the market and suggests alternative investment strategies [2] Investment Strategies - Average market returns, such as the S&P 500's 12.2% return over the past decade, can significantly grow wealth through consistent investment in index funds and the power of compounding interest [3] - A $10,000 investment can grow to $76,122.55 over 30 years with a conservative 7% return, emphasizing the benefits of long-term investing without additional contributions [4] Psychological Factors - Investors often fall into cognitive biases, such as the belief that they can be exceptions to market performance data, which leads to continued attempts to beat the market [4][5] - The disposition effect trap, overconfidence bias, and emotional influences like joy, fear, and anger significantly impact investment decisions [5][6] - The primary obstacle for investors is often their own psychological barriers, as noted by financial analyst Benjamin Graham [6]