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A comment on Harvard professor rides 170x return in Moderna stock to become a billionaire. Parent comment

Re:Harvard professor rides 170x return in Moderna stock to b... by azhenley on Saturday April 25, 2020 @11:13AM (#22978705)
I recently heard on a podcast (Planet Money or The Indicator, I think) that insiders generally don't do much better at beating the market. I think that is for the "average" case though. Sorry I don't have a citation.
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Re:Harvard professor rides 170x return in Moderna stock to b... by Scoundreller on Saturday April 25, 2020 @11:39AM (#22978892)
Trick is to scale up that inside knowledge via a 20 and 2 hedge fund.

Don’t worry about beating the market after fees, enough fools will see you have a winning strategy and assume it will continue to get better and exceed the fees.

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