An article in the Wall Street Journal described a sea change in the fund business in which

Question:

An article in the Wall Street Journal described “a sea change in the fund business in which investors are increasingly opting for products that track the market rather than relying on managers to pick winners.”
a. What does the article mean by “products that track the market”?
b. Shouldn’t investors be able to earn a higher return by finding knowledgeable managers who can pick high-performing individual stocks than by investing in “products that track the market”? Briefly explain.

Stocks
Stocks or shares are generally equity instruments that provide the largest source of raising funds in any public or private listed company's. The instruments are issued on a stock exchange from where a large number of general public who are willing...