There is some moron on my TV trying to explain how his fund pulled off 25% in the half year...
of course... the market since bottom is up 40%.
and demanding that "It's a stock pickers market" and investors will want active management.. after they see the underperformed of 15%...
then his thesis is that what little money they have they will want to sink into the market.
Cause right? the market is going up another 40%.... in the next half year..... and we will be back to flat by next year at this time right?
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