This idiot has thicker skin than Cramer?

Quote from turkeyneck:

PAUL B. FARRELL

Lazy Portfolios vote for a winning 2009

Upbeat new year ahead after beating S&P 500 by 3-18 points in 2008

ARROYO GRANDE, Calif. (MarketWatch) -- OK, here's the good news. Here's what the guys who created our winning Lazy Portfolios have to say about what's ahead. They beat the S&P 500 every year since we started tracking them in the 2002 bear-recession. They're beating the index in 2008. And they'll do it again in 2009.

http://www.marketwatch.com/news/sto...x?guid={E146D4D1-E04D-4EEF-BF15-8F5FCB69DA83}

His "winning" returns:

http://www.marketwatch.com/lazyportfolio

His Cramer bashing:

http://www.marketwatch.com/news/sto...5-27f6-4116-ab8e-70364a92b0d1}&dist=lazy_main
More...


How can anyone be in business if they have been mostly losing money for 5 years? Even the returns from their best performing funds are lower than the interest you get in the bank. Who on earth invests with them?
 
Quote from OVVO:

“You can’t eat relative performance” ...Roger G. Kennedy 1974
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Classic. *Filed away in brain's C:\ Drive*.


As for relative performance and being down, I agree if you dollar cost average in it might be worth it, especially if your time horizon is 30 years. I think I read somewhere dollar cost averaging in is one of the most profitable ways to "invest"? Can't remember if I read that or someone told me, dunno.

Plus I guess it depends on what he holds, if its index type funds...well no one ever made money long-term shorting the market. And if this guy has some decent picks he'll probably come out alright.

2 cents.

-troll
 
Quote from maltatrader:

How can anyone be in business if they have been mostly losing money for 5 years? Even the returns from their best performing funds are lower than the interest you get in the bank. Who on earth invests with them?
More...

That's why he's "running money" in the journalism business.
 
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