Investing’s Dirty Secret: Luck
Posted in Investing, Uncategorized on Aug 20th, 2010
I’ve read a lot of books about investing, and the general assumption that’s made for long-term investors is that the market will return an average of 8% per year. Some people get greedy and punch 10% into their compound-interest calculators, but if you look back far enough at the history of the overall market, you’ll [...]




