The amount of professionals who believe you can't hope to beat the market and have to settle for 12% a year is astounding. The black Scholes equation itself is based on the assumption if you assume 0% risk you can't hope to beat bonds' measly 4% a yearMeanwhile certain day traders assume 1% risk and consistently make 200% a year on small caps, only for every stock expert and quant to call them a fraud or a lucky example of the coin flipping paradox
>>61451210how is this stereotypical jeet paki able to land a wife but I'm 6'3" with blue eyes and can't?
>>61451410maybe cause you're a weirdo racist.
It's a statement that gets thrown around a lot and it's always misinterpreted. One reason it's bullshit is because not all funds are even designed to beat the market. Like a dogshit index bond fund...it's never going to beat the market because it has certain rules to follow. Same with pension funds. If there was any strategy that can ever beat the market at full scale, the edge disappears quickly. At the scale of individual investors, it's very possible to beat the market.
>>61451410Because youre a faggot. Height doesn't mean shit, retard
