I hope this is not "above me" I don't know as much as the average hacker would probably know about markets. I'm 20 and don't have THAT much knowledge.
>>give up, and invest in index funds. Alright, Any book recommendations for that?
>>give up, and invest in index funds. Alright, Any book recommendations for that?
There was a study I saw a decade ago about whether any funds produced better results than chance. Due to the difficulty of modeling the possibilities, only mutual funds were considered. So people like George Soros did not get counted. In the end 2 names had performed high enough that, with 95% confidence, their performance was not by chance. Their names were Peter Lynch and Warren Buffett. Peter Lynch retired before he got to the 99% confidence.
Interestingly both Peter Lynch and Warren Buffett recommend low cost index funds for average investors.