This article is about a choice that has to be made by everyone who would like to reap the rewards of investing in equity. They could either be a direct equity investor: do their own research and analysis and choose which stocks to buy and sell, and when to do so. Or, they could invest in equity mutual funds. Which is the better way? To me, the answer is clear, and has been so for years. This is despite the fact I began my career as an equity analyst, and now run a business that publishes an equity investing magazine and have an in-house team of equity analysts. Let me explain the reasons and try to convince you, too.