Retail Investors Outperforming The Prefessionals
Seeking Alpha Analyst Since 2017
Summary
- The performing records from 2004 to 2018. S&P500 CAGR at 8.78%.
- The retail investors with CAGR at 5.4%.
- The professionals with CAGR at 5.2%.
"If you are so smart, how come I am so rich?" - Warren Buffett. Buffett said those words when he ridiculed those wall street professionals and academics.
Obviously professionals are not good enough for most retail investors with such perthatic records. The professional guy managing my 401k did better with 6% CAGR. But my own brokerage account achieved 15% CAGR at the same period.
"Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway." - Warren Buffett.
My recent record at 2021.
You all can do better than those "professionals".
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