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by jjeaff 1025 days ago
funny thing is, it was probably about 10 years ago or more that he made a bet that no active manager could beat the market.
1 comments
RishitJain 1024 days ago
And he won that bet.
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jjeaff 1024 days ago
Yep. And I should clarify, in case anyone does some checking. He didn't bet that NO active managers would beat the market. Just that no one could pick which active managers would beat the market but it will be random, and inconsistent.
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