Why do ppl do stock picking or mutual funds if they usually underperform the market?

Why do ppl do stock picking or mutual funds if they usually underperform the market? Im getting into investing and Im thinking of just doing index funds to build long term wealth. But I feel like im missing something given so many ppl r stock picking or doing mutual funds. Why do they do this? Is it smart to do this for my long term goal?
submitted by /u/Spicy-Chiken

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