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Assuming a random distribution of yearly returns centered on 0 before fees, with enough fund managers you'd see plenty that would beat the market for 30 years.
by CuriouslyC 3y ago
Assuming a random distribution of yearly returns centered on 0 before fees, with enough fund managers you'd see plenty that would beat the market for 30 years. That past performance would also be in no way indicative of future performance given the stated process.