Re: Active Stock Picking vs. Indexing Challenge
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Looking at AvivaSimplex's picks is like looking at the small percentage of fund managers who happened to beat the index in a particular short time period. Rockrock was opening this up to everyone. Look at the 2006 stock challenge. More than 50% of the traders are underperforming the S&P 500 this year. If Rockrock was getting 6 to 5 from everyone, he'd be making a killing.
-Tom
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I have no doubt that I'm running very hot right now, and I can't expect 100+% annualized gains in the future. (Though Sniper might disagree that this is impossible [img]/images/graemlins/smile.gif[/img] ) Still, I think reasonably smart people can use value investing strategies to beat the market in the long term.
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