| ▲ | andsoitis 5 hours ago | |
> My returns are around 20 percent per year for years. That's unbelievable! Even Warren Buffet only makes 19% - 20% compounded every year. That would make you one of the top investors ever. | ||
| ▲ | cheinic6493 2 hours ago | parent | next [-] | |
> Even Warren Buffet only makes 19% - 20% compounded every year. That would make you one of the top investors ever. Not really. Plenty of hedge funds and HFT firms make 40-100% each year (before fees) over 30-40 years… Citadel’s “stock picking ability” is 40% annual returns since 1999 They just don’t advertise this because it’ll make retail traders and passive ETF investors really sad | ||
| ▲ | amanaplanacanal 5 hours ago | parent | prev [-] | |
Lots of people think they can do better than the index funds. Some do, for a while. | ||