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I’ve never understood why so many non-professional investors are like making a case to the Internet that they should be stock picking. Very serious hedge funds
by benreesman 5y ago
I’ve never understood why so many non-professional investors are like making a case to the Internet that they should be stock picking.
Very serious hedge funds beat SPY by however much grey edge they have, in spite of much better information, financing, execution, and focus. Beating the indices is hard.
Playing the market is fun! People like doing it, and sometimes they come up. It’s fine. But arguing that some random person with a Schwab account has lasting alpha is just sufficiently implausible to border on silly.