Winning the Loser's Game, Fifth Edition: Timeless Strategies for Successful Investing Book

Obviously the author was a successful investor. However, this book is a load of crap. He is a paid shill for Vanguard, American Funds, and T. Rowe Price (he does disclose in the book). His mantra is that active asset management doesn't work and the best funds are the cheapest. Being an investment professional, I have yet to find any of the "cheap" funds from Vanguard anywhere near the top 25% in performance. His incessant harping on indexing as the only way to invest doesn't answer the question of which indices to choose, when to sell one index and buy another, or how to allocate between the 6 asset classes. He is just like the government regulators who think that all investment professionals are constantly screwing the public because we charge for our services and cant predict the futures. I don't have a clue on how to do many things in this world so I guess I am being screwed because I hire others to build decks, reside my house, or replace my driveway. Using the author's logic, I should be able to learn these things on my own and am stupid for paying others to do things I don't want to do.

On a positive note, I did pass the course the book was tied to so now I have the ability to be a discretionary portfolio manager. I suppose the author would now warn you to watch out for me!