One popular investment approach is turning your portfolio over to a professional fund manager, whose job is to outperform the broader market over time. This is also known as active investing, and it seems like a smart decision.

You might be surprised to know, however, that 93% of large-cap fund managers lose to the S&P 500 over a 20-year period. That's according to data from S&P Global's latest SPIVA U.S. Scorecard, from the first half of last year. Over three years, it's about 80%. Clients are basically paying to underperform. That sounds crazy, but this is the reality of the investment management industry.

There's good news, though. If your goal is to beat the stock market experts, history proves that there is one ridiculously easy way to do so.

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Source Fool.com