Ummm... no. The S&P 500 is the greatest "hedge fund" of all time. There's a reason why 95% of active managers can't outperform it over a 10 year period.
You're right. They can't. We're both destroying active managers lol. My point is the S&P is SLOW not that it's ineffective. It works. Slowly. Which is why we're more interested in other things, right? Seems like we agree, but you're bringing something new into the mix haha.
Do you think that the financial services company that created the S&P 500, S&P Global ($SPGI), is up +49.5% over the same time period because we’re in an AI bubble?
I say:
When "S&P" means Standard and Poor, it really makes you think about their intentions for (you and) your money.
I was looking way too hard at the final chart, then I kept it simple and realized that a 5th grader could see what’s happening.
The S&P is one of the slowest instruments for growing money. Yes, patience is the best, but ain't nobody got time for that.
Ummm... no. The S&P 500 is the greatest "hedge fund" of all time. There's a reason why 95% of active managers can't outperform it over a 10 year period.
You're right. They can't. We're both destroying active managers lol. My point is the S&P is SLOW not that it's ineffective. It works. Slowly. Which is why we're more interested in other things, right? Seems like we agree, but you're bringing something new into the mix haha.
When you ask:
Do you think that the financial services company that created the S&P 500, S&P Global ($SPGI), is up +49.5% over the same time period because we’re in an AI bubble?
I say:
When "S&P" means Standard and Poor, it really makes you think about their intentions for (you and) your money.
It's named after the firm's founder, Henry Varnum Poor.
A deeply-connected Freemason.
Did he want to make the poor rich, or did he want to bring money to the companies?
The gains (or losses) investors see are a byproduct rather than an intention.
What are you talking about?
It's his last name, not a motif.
From Google: "There's no information about Henry Varnum Poor being a Freemason".
The S&P 500 has arguably been the greatest source of long-term wealth creation in human history.
What exactly are you trying to say here bud?