After a spate of failed investments, I have come to realize the indubitable truth, that even seasoned investors like Warren Buffet admit to, that no one can consistently and predictably beat any sufficiently large market over an extended period of time.
It just doesn’t work this way.
What you can do is to work on gaining from spillovers, manipulate certain specifics for your benefit and be wary of what analysts at CNBC or Bloomberg say. On that ironical note, today’s Needull is a Bloomberg article on why it is impossible to ‘beat the market’.
Most of us have a vague sense that we’re being ripped off by investment firms that charge hefty fees while producing results that are no better than you’d get throwing darts at a page of stock listings. It’s troubling nonetheless to find out we’re correct. And it’s important to understand the mechanics of what has gone wrong.
Needull in a haystack 
