You Can’t “Beat The Market”

Folks, if you STILL believe active managers can beat the market, just read this oldie but goodie from Micheal Edesess.

All these guys out there, with theories like Michael cites in this article, saying how THEY, and THEIR models can beat the market.   It’s silly.  Absolutely silly.

Are there folks who’ve “beaten the market”? Yes.   Can you identify them BEFORE they “beat the market”?  No.

It’s random, my friends.

What you can do though is reduce the fees you pay.  That will get you a heck of a lot closer to market-like returns than anything else.  This truly isn’t debatable anymore.


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