Comments on: Think You Can Beat the Market? Know Your Competition. http://www.obliviousinvestor.com/think-you-can-beat-the-market-know-your-competition/ Investing Blog: The Oblivious Investor Tue, 07 Feb 2012 17:04:11 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Mike http://www.obliviousinvestor.com/think-you-can-beat-the-market-know-your-competition/comment-page-1/#comment-41 Mike Fri, 14 Nov 2008 14:27:30 +0000 http://www.obliviousinvestor.com/?p=314#comment-41 Hi Justin. Thanks for stopping by to comment. :) I'd agree with you that the whole idea of "beating the market" is based on a faulty premise. It seems to assume that the market's return is of some special significance. Whereas a much more meaningful definition of success would be how you're doing in terms of meeting your goals rather than in terms of beating the market. I would also agree with your statement that if you can foresee market shifts before everybody else, well then <i>of course</i> you can beat the market. I'm just of the opinion that seeing such shifts (before all the experts) is easier said than done. Hi Justin.

Thanks for stopping by to comment. :)

I’d agree with you that the whole idea of “beating the market” is based on a faulty premise. It seems to assume that the market’s return is of some special significance. Whereas a much more meaningful definition of success would be how you’re doing in terms of meeting your goals rather than in terms of beating the market.

I would also agree with your statement that if you can foresee market shifts before everybody else, well then of course you can beat the market. I’m just of the opinion that seeing such shifts (before all the experts) is easier said than done.

]]> By: Justin @ FixThePig http://www.obliviousinvestor.com/think-you-can-beat-the-market-know-your-competition/comment-page-1/#comment-38 Justin @ FixThePig Fri, 14 Nov 2008 05:05:43 +0000 http://www.obliviousinvestor.com/?p=314#comment-38 There is no doubt that when the big money wants to move the market it can; however the whole idea of beating the market is a broke philosophy. It's possible to have better returns then what the market averages, especially if you're able to foresee market shifts before the masses. Ie...a broken financial system. There is no doubt that when the big money wants to move the market it can; however the whole idea of beating the market is a broke philosophy.
It’s possible to have better returns then what the market averages, especially if you’re able to foresee market shifts before the masses. Ie…a broken financial system.

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