Kim, Thanks for keeping Shellshocked honest for us.. She is truly Miss-information.. But, I think she is coming around and maybe a large buyer. Few financial endeavors have occupied the time of more men over more years with less success than attempting to " beat the market." So many have tried and failed that it has become popular, especially in academic circles, to believe that no one can consistently outperform the averages. ((( Nothing could be further from the truth ! ))
Granted, everyone cannot beat the market...simply because everyone is the market. But that does not preclude the possibility that some investors, utilizing more sophisticated approaches than the public at large, can earn above average returns on their investments.
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