Quote:
Originally Posted by petegz28
Most people can't outperform the market most of the time.
I read a book that went back and quantified all the expert predictions, etc., and it was like an 80% fail rate.
I mean unless you do a shit ton of research and understand what you are actually reading, and then concentrate your holdings and then hold them for a long period of time, then I agree, index funds and ETFs.
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Most say 90%+ fail rate on individual investors beating the market.