This should be expected, bloggers are the 'market'. This is the expected result of the efficient market hypothesis. The market will beat estimates of professio

This should be expected, bloggers are the 'market'. This is the expected result of the efficient market hypothesis. The market will beat estimates of professionals (or any one individual) most of the time. This is exactly why an index fund will outperform most mutual funds even before the fund manager takes his 2%. The guys that can really guess the market usually start their own hedge fund. And they use ingenious methods, such as one hedge fund that orders satellite photos of Wal-Mart parking lots and estimates quarterly performance based in part on those photos.