My family has been investing for as far back as anyone can remember, and consistently beating the market for as far back as anyone can remember. Hell, my mother compares herself to the indices—which makes perfect sense: if you’re not beating the S&P 500, you may as well just buy whatever is on that. She’s not buying whatever is on that.
We have methods that have been handed down for as far back as anyone can remember, supplemented by the books that back up our methods, some of which are about exploiting systemic holes in the way large funds work—relative legibility, inability of large funds to invest in small companies, etc.
So no.
(Disclaimer: I haven’t invested at all because I don’t have the money to. Once I have a regular and sufficiently large income, I plan to stick it in an index fund until I’ve joined an investment club, spent several years studying the methods, etc., and only start picking stocks after that.)
My family has been investing for as far back as anyone can remember, and consistently beating the market for as far back as anyone can remember. Hell, my mother compares herself to the indices—which makes perfect sense: if you’re not beating the S&P 500, you may as well just buy whatever is on that. She’s not buying whatever is on that.
We have methods that have been handed down for as far back as anyone can remember, supplemented by the books that back up our methods, some of which are about exploiting systemic holes in the way large funds work—relative legibility, inability of large funds to invest in small companies, etc.
So no.
(Disclaimer: I haven’t invested at all because I don’t have the money to. Once I have a regular and sufficiently large income, I plan to stick it in an index fund until I’ve joined an investment club, spent several years studying the methods, etc., and only start picking stocks after that.)