Often private traders speak of returns of 40 - 50 - 60%, or more per year on their share portfolios. Just as often, this is derided as not possible, pointing to the likes of Warren Buffet and other professional investors, who do not achieve such returns.
Well I just spotted this in a yahoo finance article:
I've always tried to point this out, that size matters, small size in this instance. Elephants can't danceBack in 1999, a national business magazine attributed a stunning declaration to one of the world's legendary financial minds. Reportedly Warren Buffet claimed that 50% profits were possible on a portfolio of common stocks-each year.
There was only one condition. You must have less than $1,000,000 to invest.