Hacker News new | ask | show | jobs
by arjie 3662 days ago
Do the pros actually know anything? If you averaged the returns all professional traders make, is it actually higher than the average of all non-professionals?

Besides everyone's always recommending low-cost index funds, the ones that would have given one a 31 basis point return over last year tracking the S&P500? With the gain in wealth over the last year for a 100k investment, one could almost buy a Nexus 6P on sale. Brilliant.

1 comments

Professional traders get paid to trade, not necessarily to win.