Savvy Trades and Investments

[dmmm]

Well yes, I would say we were in a bull market from 2004 through 2014, interrupted by a brief but severe bear market in 2008. So if one were fortunate to not get killed in 2008, he or she could produce a market beating 10-yr track record simply by using leverage (or buying high beta and/or leveraged companies). I think this is a big reason why I see so many ~20% cagr 10 yr performance records on the internet, and disappointing results from the same people for 2015. The real test is can you make money in a flat market, or I suppose if you can time bull markets consistently over a long time frame.