Extensive research shows that short of genuine insider information (which is illegal to trade on) - just having good research is not enough to consistently outp

Extensive research shows that short of genuine insider information (which is illegal to trade on) - just having good research is not enough to consistently outperform the market. As I mentioned in my other post - even top hedge funds are "wrong" nearly half the time, despite having the best insight and resources. I learned a long time ago to visualize "Goldman Sach's industry X special fund" as the counterparty to any trade I do. Give me a bit of humility.