1 Oct 01:07
Re: [OT] House Rejects Bailout, Stocks Tumble: Dow Down 7%, Nasdaq 9%
Vitaliy <spam <at> maksimov.org>
2008-09-30 23:07:42 GMT
2008-09-30 23:07:42 GMT
Martin wrote: >> To mitigate risk, invest in index funds. There were plenty of studies >> done >> that over time, active trading is not able to outperform the market. >> > > Depends on who you invest in. Motley Fool's Stock Advisor picks since > 2002 are up 47%. S&P 500 is down 0.73% over the same time period. http://en.wikipedia.org/wiki/Index_funds#Economic_theory "In particular the EMH says that economic profits cannot be wrung from stock picking. This is not to say that a stock picker cannot achieve a superior return, just that the excess return will not exceed the costs of winning it (including salaries, information costs, and trading costs). The conclusion is that most investors would be better off buying a cheap index fund." VItaliy -- -- http://www.piclist.com PIC/SX FAQ & list archive View/change your membership options at http://mailman.mit.edu/mailman/listinfo/piclist
(Loud POP from power supply, followed by
> deadness. I've never had a computer "explode" before.)
Wow, what are you planing to do with this powerful computer?
A few years back, it may need to get approval to export to many
other countries.
Xiaofan
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