Thread: 10k post
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Old 11-29-2007, 03:55 PM
NajdorfDefense NajdorfDefense is offline
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Default Re: 10k post

[ QUOTE ]
I think the only way to beat the market is with insider information of some sort.


[/ QUOTE ]

You can think it all you want, but this is clearly false. Any sort of reasonable asset allocation has slaughtered the market for going on 10 years now. There are numerous professional mgrs with long-term track records that, even in equity-only ports, crush the market beyond belief.

As of end of March 2007, the SP500 returned about 29% gross, before fees, in 8 years -- do you consider this good performance? It trailed any reasonable asset allocation model as well as bond portfolios. See above linky for in-depth analysis, papers, and suchlike.
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