That’s a tautology: Anytime I can beat the market is a highly abnormal time. You can only beat the market in a highly abnormal time.
Eh, I’m not so sure. If I noticed that every Wednesday the S&P went up 1%, and then fell 1% the next day, that would allow me to regularly beat it, no? Unless we are defining “abnormal” in a way that makes reference to the market.
That’s a tautology: Anytime I can beat the market is a highly abnormal time. You can only beat the market in a highly abnormal time.
Eh, I’m not so sure. If I noticed that every Wednesday the S&P went up 1%, and then fell 1% the next day, that would allow me to regularly beat it, no? Unless we are defining “abnormal” in a way that makes reference to the market.