Lars Kroijer, author of Investing Demystified and a former hedge fund manager, has created a five-video series to explain investing, why you can’t beat the market, and why that fact is important. So if you don’t have the time to read his 200-page book, these videos are a great shortcut.

Last week we posted the first video in the series, so if you haven’t seen it yet, go and watch it now.

Here’s the second video: “You can’t beat markets or pick a fund to do so for you”. We look forward to hearing your feedback and views in the comment section.