Quote:
Originally Posted by peter12
No, I know. I was mocking my paltry lack of financial knowledge. The CFA Level 1 is just a giant grade 10 math test.
Your last sentence is totally false. People do beat the market, but it is a fluke. It has to be a fluke. You increase your risk, you increase your payout. It is luck.
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It's not. You're wrong. Proof abounds. If you're genuinely curious I'll prove it. If not...6.4% ain't all that bad. Better than a kick in the pants.