[nullc]

Are you aware of the old random stock pick fax scam?

You get some huge list of fax numbers. You pick some random penny stocks and fax each one a different random pick, telling them it's going to explode. Then you look and see which picks fail and you discard those numbers.

Eventually you get down to a small list of numbers they you've been consistently making amazingly prescient stock picks to for the last weeks/months... then you tell them all to invest in some dogcrap that you've cornered or ask them to buy your latest picks, or some other story to extract a lot of money from them.

The victims rubs your rabbit's foot and you cash in.

Thing is that the same scam can be performed in a decentralized manner, even by accident, just by having a lot of investment advisors some of whom get a consistently lucky run.

[DANmode]

15 years is statistically unlikely to be a lucky run, is the point unaddressed.

[nullc]

In the space of all fund managers / investment advisors? I think not at all unlikely.