08-04-2008, 07:52 PM | #11 |
Senior Member
Join Date: Jan 2006
Location: Valencia CA
Posts: 1,384
|
There have been managers that have beaten the S&P over pretty long periods. The pertinent question is always for how much risk. I know what you are saying Jay and it is true that many managers or people that try to pass themselves off as managers won't consistently give you returns above the S&P for equal risk. However, to say that beating the S&P is impossible is discounting the results of managers with documented long-term track records and is just giving too much weight to efficient markets theory. Just my opinion.
Last edited by Flystripper; 08-04-2008 at 08:00 PM. |
Bookmarks |
|
|