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The problem for the every-person is finding the one that succeeds rather than fails. Given that in the aggregate these investments so severely underperformed, w
by compiler-guy 9y ago
The problem for the every-person is finding the one that succeeds rather than fails. Given that in the aggregate these investments so severely underperformed, we can conclude that on an weighted average basis, you were more likely to lose money than gain money.
No one disputes that some funds will over perform. The question is, which one? If you can predict that reliably, you will be rich.
Most people can't.
- ufmace 9y agoNot just predict which ones, but get them to take your money too. AFAIK, many of the ones that are performing really well don't want to expand their AUM that much and so don't advertise and won't take just anyone's money.
- imtringued 9y agoIf you can predict that reliably and no one else can, you will be rich.