Normal
As Agent 99 wrote elsewhere:Timing + Sector + Dart = Outperformance ( )https://corporatefinanceinstitute.c...ing-investing/what-is-the-random-walk-theory/"If, on the other hand, you believe that price movements are not random, then you should be polishing your fundamental and/or technical analysis skills, confident that doing such work will pay off with superior profits through actively trading the market".Clearly, by making decisions and deploying capital, an investor will not get index returns (which index, btw?). It's a wonderful game.
As Agent 99 wrote elsewhere:
Timing + Sector + Dart = Outperformance ( )
https://corporatefinanceinstitute.c...ing-investing/what-is-the-random-walk-theory/
"If, on the other hand, you believe that price movements are not random, then you should be polishing your fundamental and/or technical analysis skills, confident that doing such work will pay off with superior profits through actively trading the market".
Clearly, by making decisions and deploying capital, an investor will not get index returns (which index, btw?). It's a wonderful game.
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