why you or active money managers cannot outperform the market

wintergasp said:
If you actually listen to what the guy says, this relates only to mutual funds and stock pickers. Hedge funds = credit, distressed, private equity, managed futures, etc.

This is far from statistical proof.
More...
for what it is, its conclusions are useful.
 
lawrence-lugar said:
...I agree -- I (or any good/skilled trader) can easily beat the average of 8%/per year, o_O ;) -- that's in fact peanuts, or child's play,
More...

I wouldn't say it's peanuts... I have to sit all day long staring at numbers and lines going up and down... Not for everyone... Sometimes I think I should get a job with a fixed salary...

But then I take a few days of, play some golf... shrug my shoulders and think... meh, I do allright...
 
Covertibility said:
James Simons

I'm gonna go out on a limb and say there's a reason why he only hires matheticians, engineers and phycists that the economists/finance types still can't figure out.
More...

To be fair, they've said themselves it doesn't scale to the levels of AUM a typical fund manager is dealing with.
 
You must log in or register to reply here.
Back
Top