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Strategies & Market Trends : Stock Mania ! - Mutual Funds that can short.
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To: Stoctrash who wrote (67)5/5/1998 11:56:00 AM
From: Knighty Tin  Read Replies (1) of 129
 
Fred, It is true that the odds are against a manager who tries to outperform. But it is certain that index buyers will not perform well enough over a long period of time to reach their goals. The average, after all, cannot outperform the average. And the average investor, by definition, cannot get rich. Only the exceptional can. So, I still think it is worth while to try to be exceptional, as average is so danged boring. <G>

good luck, MB
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