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A comment on The Rate of Return on Everything, 1870–2015 [pdf]. Parent comment

Re:The Rate of Return on Everything, 1870–2015 [pdf] by autokad on Friday January 05, 2018 @10:59AM (#16079366)
its my understanding that its the sp500 that is very difficult to beat in the long run. Is that not correct?
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Re:The Rate of Return on Everything, 1870–2015 [pdf] by kruhft on Friday January 05, 2018 @11:13AM (#16079452)
The SP is not the 'risk free rate of return', but yes, it can be difficult to beat in the long run overall by individuals.
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Re:The Rate of Return on Everything, 1870–2015 [pdf] by autokad on Friday January 05, 2018 @11:31AM (#16079581)
the risk free rate is not the best return. this is widely known. it is easy to beat the risk free rate, even if I take losses some years, I would destroy it in most others.
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Re:The Rate of Return on Everything, 1870–2015 [pdf] by kruhft on Friday January 05, 2018 @01:04PM (#16080281)
'I' does not mean all.

Individuals can, but overall, the net gains by all players is the risk free rate.

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Re:The Rate of Return on Everything, 1870–2015 [pdf] by valuearb on Friday January 05, 2018 @02:41PM (#16081038)
If you actually passed that course the professor should have their tenure revoked. The S&P500 rate is a rough proxy for the return on invested capital in the country, and it always crushes the risk fee rate over time.

I’ll give you a hint that may open your eyes. Volatility is not risk.

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