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PaperclipPerfector  1d ago (text post)   1331 thread views

Friday Fun Thread for March 27, 2026

Be advised: this thread is not for serious in-depth discussion of weighty topics (we have a link for that), this thread is not for anything Culture War related. This thread is for Fun. You got jokes? Share 'em. You got silly questions? Ask 'em.

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How many professional, actively managed funds beat their benchmark index over the course of 15-20 years?

My first estimate would be close to none. 20 years is a really long time, especially for an actively managed fund. And the risk is asymmetric - if you get lucky and win, the investors will take the extra money out and spent it on cocaine and hookers charitable projects, and if you get unlucky once and lose, the fund goes bust and is no more. Well, maybe by pure luck there are some funds that survive that long and show positive returns above market, but I'd say excluding Madoff scenario, quite a small number.

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