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Give up trying to beat the market, just call it a day and invest in a S&P 500 index fund. Hedge funds and money managers that get paid $1m+/year can't even beat
by toephu2 10y ago
Give up trying to beat the market, just call it a day and invest in a S&P 500 index fund. Hedge funds and money managers that get paid $1m+/year can't even beat the S&P 500 in the long run (20+ years). The only one that has beat the S&P year in and year out is Warren Buffet's Berkshire Hathaway, but even now he admits his conglomerate is so big it will be tough to do that in the future and he also recommends a low cost S&P 500 index fund instead.