Originally Posted by
DrSteveBrule
Point is, pros are getting their asses chapped a bit because joe schmos arent3 feeding their money pots in the traditional manor, and Warren Buffet is one of them who has been publicly upset with amateur stock pickers.
90% of fund managers can’t beat the market any given year. A few get lucky and do it, some beat it on schemes (Madoff) then a very small few buy and hold for a long time horizon and do well.
Right now we are looking at a very very small window in time in terms of a lifetime of earnings and investments. But congratulations on your 450%. Definitely a nice piece of cash for doing absolutely nothing. Can’t beat that!