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Doesn't this also mean that the consequence of being right is also almost nil?

The article started off with an argument about how targeting sectors can improve returns, but you lost me with the above statement. No one is going to be right all the time, but if being either right or wrong is going to have no effect, then why not just stick to a broader index?]]>
Tue, 22 Aug 2006 18:28:58 -0400
Doesn't this also mean that the consequence of being right is also almost nil?

The article started off with an argument about how targeting sectors can improve returns, but you lost me with the above statement. No one is going to be right all the time, but if being either right or wrong is going to have no effect, then why not just stick to a broader index?]]>