Gorilla and King Portfolio Candidates Message Board

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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: Thomas Mercer-Hursh who wrote (54521)	10/31/2003 5:38:48 PM
From: Stock Farmer	of 54805

Given that the vast majority of mutual funds don't perform as well as the S&P, I doubt the success rate would be nearly that high. I don't know about the vast majority and performance relative to the S&P, but the aspect of active management plus management fees may have had something to do with observed median below an expected average? A fair average is an average. 50% end up above and 50% end up below. Except when it comes to people. In which case 80% will tell you they are above average. Most threads for example are populated by above average investors :o)

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