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This evidence all suffers from the problem that you are trying to prove a very difficult claim. Information about averages won't help you here.
by yfhsjjskc 10y ago
This evidence all suffers from the problem that you are trying to prove a very difficult claim. Information about averages won't help you here.
- emodendroket 10y ago"Essentially nobody" is admittedly not well-defined, but I don't take it to mean that a handful of guys doing better would disprove it (and in any case have trouble finding any data points in favor of the opposite position).
- yfhsjjskc 10y agoI claim that the top 20% (as specified in the headline) could not be reasonably described as "essentially nobody". And the article you linked two posts ago found that more than 20% of funds beat the market.
- emodendroket 10y agoThat's over the course of a year, which is not what I would consider a long-term measure. Over the course of the year, sure, you could easily have people who beat the market.