Quote:
Originally Posted by Slava
<yawn> how does this go again? You post some studies about things and I post some arguments and nothing gets setlled. After a while I bring up your other posts about investing in things like Shore Gold, Encana and in general thinking you can beat the market, whereas no one else can.
At some point I also point out that "beating the market" is just meaningless. That the "lost decade" that you suffered as a US investor (assuming you followed your advice to index) doesn't apply to almost anyone because the S&P500 is cap weighted. If you took out the cap weighting though the return was 66%.
Anyway, its pointless arguing with you about this because you don't take your own advice. You're happy to promote ETFs and their benefits but then put your money in single stocks that you pick up from vector vest. Its actually quite amusing to me!
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Me, pretend to beat the market
Come on Mr. Clairvoyant you used to tell us where the market was headed to next. Too bad you never give any specific picks or anything as that would give you more active management street cred. You got me on this one as you picked a couple of my real winners
Do you have a spreadsheet somewhere to keep track of all this stuff
At least mention AGU that is up 160% since I mentioned it in one of those old threads. Now more than ever it doesn't have to be an all or nothing strategy and every portfolio should consist of active and passive investments. I can see value in both as do most fund managers when you look into things closer and see the top holdings EEM, GLD, XGD, XIU etc.etc. Many of these "Active Managers" are employing very passive strategies so why would anyone pay them outrageous MER fees to do something that they can do better themselves without and MER. If you need the comfort of thinking like an active manager then go to morningstar and find out what the experts are holding and duplicate it. Call it the Passive agressive strategy.....I haven't quite figured out how to "beat the market" but I have consistently beaten the index huggers and active fund managers.