The market plunge is due to

[jay santos]

Originally Posted by BlueHair

Not completely true. If someone like Warren Buffet makes the correct big plays he could cover thousands of bad plays from the rest of us. I think a few really wealthy people can beat the market at the same time thousands of other people lose.

Maybe but for every Warren Buffet there's probably a high roller than thinks he can beat the market that doesn't. Half the mutual funds are above the mutual fund average by definition.

But you're right. Half the $ are above the market not half the players.