Where Are They Now? Should You Invest With A Master Of The Universe?
- Thursday, January 23, 2014, 16:14
- Market
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It’s fiendishly hard to beat an efficient market. No matter how bright your manager is or how good his past returns appear to be or how often you see him on TV, during any particular time period his chances of adding value above an index are dismal. The very highest probability is that he will lose value compared to market returns.
http://www.forbes.com/sites/frankarmstrong/2014/01/23/where-are-they-now-should-you-invest-with-a-master-of-the-universe/
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