Show me an actively managed portfolio that consistently beats an index fund and I'll believe it. Until then, you guys can pretend to have all the inside information you want, but numbers don't lie.
I'm not suggesting "anybody can do it" but the study that concludes money managers underperform the market often gets stretched into "nothing beats index funds".
Anecdotally, I spend about 3 hours a week on financial research. I've averaged 13% returns since investing in high school during the 90s.
Nothing wrong with index funds, but the boglehead position isn't axiomatic.