Actually I'd put the odds at 50/50. While I believe you wouldn't be good at picking stocks over the long term, past performance shows they aren't usually any better
Quote:
Originally Posted by lukeh
I figured that out decades ago.
What are the odds I'm going to pick stocks better than a team of PHDs and MBAs that get paid to watch companies and the market all day long? Over the long run I figure it's close to zero. I invest in managed funds that have a long term track record of beating the index's over the long haul and have been very happy with how it has worked out.
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