Ask Michael Burke Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Ask Michael Burke

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Eggolas Moria who wrote (53837)	3/29/1999 4:02:00 PM
From: Michael Bakunin	Read Replies (1) of 132070

What, an eight-year record of index-ocrity from '87 to '94 wasn't enough? IMO, to counter your argument, here are two why such a strategy likely will lead to mild underperformance of the indexes over the long haul. One, the largest companies are the index, for all intents and purposes. Therefore, over the long term, you are guaranteed a return near that of the index -- either somewhat lower or somewhat higher. Two, large companies are the most-followed, and therefore those most likely to be efficiently priced. Therefore, it is unlikely that these companies will be outperformers. -mb

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next