News for hackers. Stuff that matters.

A comment on Deals Missed. Parent comment

Re:Deals Missed by dyno12345 on Monday February 25, 2013 @02:55AM (#5277820)
Is it even better than random?

This anti-portfolio is so impressive it seems to suggest a strategy of investing a small amount in all but the stupidest rather than even trying to pick winners

[ Parent | on HN ]
Re:Deals Missed by confluence on Monday February 25, 2013 @03:38AM (#5277925)
Yes. Being better than random is a particularly low bar to pass.
[ Parent | on HN ]
Re:Deals Missed by dyno12345 on Monday February 25, 2013 @03:45AM (#5277952)
Is it so hard to believe? We still put hundreds of billions into mutual funds that aren't better than random
[ Parent | on HN ]