Hacker News Reader

Hacker News

Comment by dontbenebby | Hacker News Reader

Full thread

dontbenebby

All of them. Index funds. You can't beat the market.

View on HN

Yes, this. The s&p500 is a very good bet as those companies are very exposed with the global economy.

Indexes for which countries or regions?

ah therein lies the rub :)

Why not all of them https://investor.vanguard.com/etf/profile/overview/VT

That goes without saying tbh. I´m just curious as to where people think future growth come from.

^^^^ Right answer! ^^^^

If you’ll need the money in the next few years, put it in some interest bearing low risk account. Otherwise, index funds or a robo advisor.

Buffet, Monger, Pabrai, Town, etc. This is an old theory that's been bashed quite a bit. There are many people who have and do beat the market continually.

It's so strange that people think you can't beat the market. I think it has to do with reading the opinions of people who failed to beat it rather than focusing on the people who can and are beating it.

Yeah totally.. You can also win the lottery, thats why i recommend people buy lottery tickets. If you don't believe me google it, lots of people do it.

Yeah lottery is a crap shoot. The market is a skill. If a person were to equate a lottery to the market, then they have a lot of reading to do. See poor people buy the lottery tickets because they have no hope and see it as a way out. The stock market is the rich person's backyard. The lottery is in a way, a tax on the poor.

Right, and buffet acknowledged this. It's the "monkey flipping coin" theory -- some amount of them will win. Here's the speech: https://docs.google.com/viewer?url=http://www.tilsonfunds.co...

9 "Superinvestors" all using the same method of evaluating crushed the market for over 30 years straight. That's mathematically improbably to the highest degree.

Actually Buffet won a million dollar bet against a hedge fund manager by placing his money into an S&P 500 index:

https://www.investopedia.com/articles/investing/030916/buffe...

Sure, against a hedge fund, because they take 2% fees, which has huge implications.

Reply on news.ycombinator.com