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Politics : Formerly About Applied Materials
AMAT 261.90+0.4%Dec 26 9:30 AM EST

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To: Fred Levine who wrote (45284)4/10/2001 9:22:19 AM
From: Jerome  Read Replies (1) of 70976
 
indicated that there was no way to beat the indices

Aren't people beating the indices right now by shorting some of the tech's? It maybe unlikely that a person could beat the indices year after year(for 20 years), but it is very likely that a person could trounce it for a number of successive years prior to missing.The Lynch example is a good one. The only thing he did was pick stocks that were growing faster than the indices (about 2000 of them as I recall).

Jerome
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