On: A Man Who Abandoned Value

[fspeech]

Since on average everyone gets the market return someone must be underperforming the market in order for you to be overperforming.

[smabie → fspeech]

Most people (at least retail investors) don't measure doing "well" against a benchmark. i.e everyone can be doing well in a bull market.

[bpodgursky → fspeech]

Technically true, but the market as a whole is up so much that I think everyone can be doing well even if a few people are pulling 200% returns.

[justaguy88 → fspeech]

Or maybe everyone did go up, but just haven't gone down yet in the bubble pop

[jbverschoor → justaguy88]

The USD bubble?