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PaperclipPerfector  9d ago (text post)   2621 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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My q: How many professional, actively managed funds beat their benchmark index over the course of 15-20 years? Guess at a percentage/range.

My guess is 0.2% to 0.5%

It's a hyper-pareto thing, but it's not quite that bad. What's interesting is how many companies (in various sectors) also fail or lose their independence over the decades. Humans are bad at decision making when money is involved. It turns into something like a 95/5 pareto over a few decades. Some winners manage to stay consistently competent and end up taking a massive slice of the pie.

Wait I fucked up the percentage math. I thought "20-50 out of 1000, that feels like the right number. oh but he wanted a percent that's 0.2-0.5% right?"

I meant 2-5%

Bah!

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