Down goes the Dow

Maybe 3:30 ramp capital is turning to 3:30 dump capital?

Nope.

This is beyond comical. Flagpole has said he doesn't know anything about the stock market but he miraculously beat the market 32 out of 33 years. Prof. Racket has already shown how impossible for that to be done. It is a gazillion to one to beat the market 10 years, it is a gazillion plus another gazillion to beat the market 20 consequtive years. To beat the market 32 out of 33 years .... Flagpole - Wake up!!! You are dreaming again! This is mom - please wake up son.

lol what exactly is your measuring stick for "the market" then. Some random hobo on the street in Cleveland? Sure, I'd believe you beat his performance 32 out of the past 33 years.

I also wonder about the existence of any divergence between the SP500 and DJIA. I doubt you'll be able to find any statistically significant deviations if measuring them against each other (that is to say, they both perform almost exactly the same).

I've never heard someone deny the DJIA as "the market" since it's designed to pretty much represent the US market in the broadest possible sense.

Some people ate paint chips when they were kids.

You though had a bendy straw in the bucket

He has not informed us which benchmark he is comparing his portfolio against. He has highly secretive "spreadsheets" which are locked down and insulated even more against outside intrusion than the nuclear launch codes. too funny!

You've been asked several times to list the funds that make up this world beating portfolio of yours and you won't do it. We all know why.

Flagpole played us like us like the idiots (at least me) that we are. Well done Flagpole. April 1 - April Fools. Great job. You really made us look like idiots.

That does give him a pretty easy out if he wants to say it was just a joke.

The actual idiot isn’t buying it…

I've already explained why. It's a ton of them for one thing. I haven't owned ANY of them the whole time. I've owned most of them for different amounts of time, and sometimes some of the funds have been much bigger or much smaller a part of my portfolio than at other times. I could give you a list of all of them and there's no way you could determine by that if what I say is true or not. ALSO, I once rather innocently listed my Artisan mid-cap fund when talking about how well it did one year (over 60% at that time late in December), and everyone and their brother pushed back on that...Sally was persistent and insistent that I was wrong, giving incorrect information on how well it did. Someone else called me a liar. Sally finally admitted he was wrong, and the other dude never apologized or acknowledged he was wrong. So, nope!

Besides, this seems to get your panties in a bunch, so I'll admit I'm enjoying it a bit.

Sorry you apparently haven't fared as well as I have.

I'm not a prankster. Not how I roll. Pranking involves lying. I don't lie, EVER.

Earnings Scorecard: For Q1 2022 (with 17 S&P 500 companies reporting actual results), 12 S&P 500 companies have reported a positive EPS surprise and 14 S&P 500 companies have reported a positive revenue surprise.

So now your story is that you owned different random funds at different times in different varying amounts and it's all just so complicated that there's no possible way anyone could verify your ludicrous claims. Sure buddy.

Not a story. The truth. How could it NOT be that way? Prior to 1998 I had money in different places than Vanguard and Fidelity, most of that time with Merrill Lynch. Beginning in 1998 for several years it was ONLY Vanguard. I added Fidelity funds in the early 2000s. Every year...twice a month actually, I added new money to the funds, and I earmarked it as I felt like, bought new funds frequently, put in extra money when the market was down, etc.

I didn't inherit a bunch of money in 1989 that I just put in mutual funds and let sit there since then.

You and others really have your panties in a bunch over this. The only conclusion I can come up with is either you people don't invest at all (which I don't think because I do like to believe others tell the truth like I ALWAYS do), OR you frequently make big moves trying to tap into the next big thing, and that's been a failure.

No one's panties are in a bunch lol. You're basically claiming to have run sub 3 for the mile, and we're laughing at your expense.

I don't think comparing it to sub3 is fair. More like sub3:45.

Nice perf but definitely doable with a lot of talent and work (not for me). I would say the hard part would be to overperform during the better years. It's very easy to overperform the bad years - just a matter of securing part of your gains as they come, but that usually means underperforming the very good years such as 2021, unless your time horizon is small enough so that you can take advantage of intra-year volatility. Which IMHO adds to the risk and needs more work compared to playing the monthly time unit and fundamentals.

I'm not entirely sold on FP's claim, but i'm willing to give him the benefit of the doubt.

Oh, your panties are in a bunch.

1) Definitely doable, because that's what my returns have given me. The ONLY way it's not true is if either Vanguard or Fidelity or both are lying to me each year. I sure hope that's not the case...and of course, I don't think it is.

2) I don't know what is typically required to do this. In my case, it has nothing to do with talent or work. I typically pick funds just because it's a type of fund I want. Beyond that it's a pretty random choice. When I buy a new fund, I usually buy a type of fund I don't have. When I put more money into an existing fund, I usually just randomly pick one.

3) Now, there IS an investment strategy called "Dogs of the Dow" the main goal of which is to beat the Dow every year, and those who follow it have been pretty successful, but it's not what I do.