Here's something wild: only a third of S&P 500 stocks actually beat the index itself. That's why active fund managers got absolutely torched last year—just 27% managed to outperform. The culprit? Massive underweight bets on Mag 7 names while overcomplicating everything else. Classic midwit move. Turns out sometimes the obvious play was the right one. Whether this pattern repeats in 2026... honestly, who knows. Could be completely different ballgame by then.