EdwardBaiamonte
Platinum Member
- Nov 23, 2011
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many "experts" don't beat the market.
that's incorrect, most experts don't beat the market
Someone who put 20% of their money in a federally insured bank savings account, and the other 80% in a random collection of stocks from around the world, picked by monkeys, would be up about 6.2% so far this year. (And that’s assuming for the sake of simplicity that you earned 0% interest on the savings. In reality, you could have done slightly better)
In other words, they would still have earned more than twice the returns of the average hedge fund.
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