Any Monkey Can Beat The Market
A renowned advocate for low-cost index fund investing, Ferri argues that the success of the „monkey” portfolio isn’t due to luck, but rather the statistical advantage of simple diversification and equal-weighting. The article highlights how a randomly selected portfolio tends to be more exposed to the premium returns found in smaller company stocks and value stocks, allowing it to frequently outperform the traditionally cap-weighted major market indexes like the S&P 500 over extended periods. Ultimately, Ferri uses this analysis to emphasize a core investing philosophy: an all-encompassing, passive index fund approach is often the most reliable way for long-term investors to achieve superior returns.
Any Monkey Can Beat The Market
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