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by Esophagus4 258 days ago
> Everyone loves the "you can't beat the S&P" trope, but that's also just ignorance.

This seems like a willful misinterpretation.

They say “you won’t beat the S&P” because maybe some HFT firm with highly secretive and advanced technology and MIT PhD quants might… but you, Mr. Retail McDumbMoney, don’t stand a chance.

1 comments

And it’s still nonsense. Many people beat the S&P and this meme needs to die. It’s considerably easier to beat the S&P when you’re not working at the scale of a hedge fund.