alt Hacker News> My returns are around 20 percent per year for years.
That's unbelievable! Even Warren Buffet only makes 19% - 20% compounded every year. That would make you one of the top investors ever.
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> Even Warren Buffet only makes 19% - 20% compounded every year. That would make you one of the top investors ever.
Not really.
Plenty of hedge funds and HFT firms make 40-100% each year (before fees) over 30-40 years…
Citadel’s “stock picking ability” is 40% annual returns since 1999
They just don’t advertise this because it’ll make retail traders and passive ETF investors really sad
Buffet was severely handicapped by the amount of money he had available. He mentioned that himself. If he had to manage only a smaller amount of money he would easily achieve 40% or more per year.
Lots of people think they can do better than the index funds. Some do, for a while.