Ace of Spades Headlines:

August 11, 2010

It's hard to beat the market. Unless you're a ~~member of the ruling class~~ Senator.
"during the 1990s ... Senators on average beat the market by 12% a year. ... U.S. households on average underperformed the market by 1.4% ... corporate insiders on average beat the market by only about 6% a year during that period." Is 12% a lot? If you're a fund manager and beat the market by 2(two)% a year you're a super-star. [ArthurK]

Posted by Open Blogger at August 11, 2010 11:34 PM

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