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> given that any particular ~~retail~~ professional investor is overwhelmingly unlikely Reminder from Random Walk Down Wall Street; Professionals rarely beat
by smileysteve 9y ago
> given that any particular ~~retail~~ professional investor is overwhelmingly unlikely
Reminder from Random Walk Down Wall Street; Professionals rarely beat the S&P 500 Index on a time horizon. It's statistically likely, that if a professional fund does beat the index one year, then it will underperform the next year.