Value Microcaps Motherboard

[cliffvb]

>>>Why investors fail:

“Individuals have historically underperformed the markets, earning just 2.6% vs. the S&P 500 gain of 12.2% between 1984 and the end of 2002*. <<<

That is a HUGE difference. It is also well worth noting that on average, mutual funds run by professional money managers have also failed to match the average rate of return of the stock market.

So we have two large groups, one of them are individual investors who have produced rates of return that are far below the performance of the stock market averages and the other are the mutual funds whose managers also have failed to match average market returns.

This raises another question: By statistical definition then, some other group(s) on average must have generated returns which are then way above the norms of the market averages. Who are they? (Other than the statistically insignificant group known as value microcap investors, of course.)