This works, only after you have enough money to be able to spend all the time on that research. So, until debt free & net-worth $5M USD: low fee indexes.
I would agree except there is a lot of time most people waste that could be put to better use. yeeears ago I freed up about 4hrs/day but removing all social media apps from my phone and logging off for good. spending 60-90 per day is something most people should be able to allocate by cutting that same time from infinitely less important things than your investments