/biz/ - Business & Finance

>>737355
where is Ihaz when we need him!

>>536259
not really since it doesn't say how long he held it for

indexes would have returned double that over the past 5 years...

also keep in mind this guy uses mutual funds ( which may be viable if you have a ton of money as they could waive a lot of the % fees) but for regular people it's a stupid decision

he makes most of his money by being a high paid employee, not from the markets

>>468561
:)

>>464514
Hey man, I'm making 3-8% a year on average. I'm doubling my money every fifteen years. Back off.

>>460731
>>461000
Don't listen to this gooby/pls.

>>449633
>>449647
Nope, I'm not him. You'll notice how I critique the perception that he's a good investor just because he has a lot of money (even disregarding the fact that he's retarded and freely admits he doesn't know anything about active investing).

See:
$5,000,000 compounded at 5% for ten years (along with all the pensions and soccer mom investors)=$8,144,473.

$5,000,000 compounded at 20% for ten years=$30,958,682.

$5,000,000 compounded at 30% for ten years=$68,929,245.

Pic related again.

>>449718
I can name about 30 famous investors who have beaten the market for decades and they all say it's simple as cake and even write how to. You do realize that even low P/B screeners beat the market by a lot, correct? Your arguments are that "No one can ever beat the market," which is, a very stupid argument. Most retards/=/everyone.