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No I didn't - it's easy to research. See the articles I reference above.
by inthewoods 5y ago
No I didn't - it's easy to research. See the articles I reference above.
- internetslave 5y agoI work in the industry. Generally the winners keep winning. The same funds are always the top fund
- inthewoods 5y agoSo you're saying the same funds always have the top performance? Or have the top AUM? And are you talking about hedge funds or mutual funds?
- internetslave 5y agoYes the same funds usually are the top ones. There’s one offs like people who made money in 2008 etc. but it’s the same people always beating the market. The industry is really small, I don’t need a false and misleading academic study
- RhodoGSA 5y agothey provided study's and links, can you? Seems like you're the one just saying things. Not only does it make sense from a mean scenario, but it makes sense from a human scenario too. When i see a company like Tesla skyrocket to 700, every day that it posts a 10% gain i think it's at the end of it's rally. Eventually, the firm gets way too hot and pressure to buy cools down. Market cap is just how much people are willing to pay for something * outstanding shares. If suddenly everyone thinks the rally has gone on too long, buying pressure ceeds and thus market cap/ stock price.
- internetslave 5y agoI’ve got better things to do, and it’s widely known that finance academia is worthless. The inner workings of the investing world is opaque. That’s why you see people posting logically sounding nonsense
- inthewoods 5y agoMorningstar and S&P are not academic institutions. If you have data to refute what they're saying, I'd welcome it.
- inthewoods 5y agoThat's great but you didn't answer one question I asked - mutual funds or hedge funds? AUM or performance?