4 ms·
Why would you expect a magic “beat the S&P” button to exist at all? That would be a gross violation of the EMH. If it has indeed beat an index fund by 1% in a r
by esoterica 7y ago
Why would you expect a magic “beat the S&P” button to exist at all? That would be a gross violation of the EMH. If it has indeed beat an index fund by 1% in a risk adjusted manner that would be a miracle in itself.
- mruts 7y agoHe’s not talking about on a risk adjusted basis. Moreover, EMH is a framework for understanding, not some magical law. There are funds who’s returns over time are like a 10 sigma event.