Is real estate investing better than stock investing?

[David Benjamin]

With stock investing I can spend a few minutes a month looking at stock prices and entering a buy or sell order in my brokerage account and earn 8% annually on average. To earn the same return with real estate, I would need to get approved for a mortgage, hire a realtor, look at homes, hire an inspector,  buy the house, hire a property manager who I hope will do a good job, and rent it to someone who may or may not tear the place up or pay rent on time. So what am I missing here? How is real estate better than stocks? I appreciate your input.