SAlly Vx wrote:
seattle prattle wrote:
And i would gather that you sold it on Dec. 31st, 2018. Because if you didn't, and are still holding it as we all suspect, no, it did not outperform my portfolio . Again, i would be more impressed if you sold at the end of the year. But based on your comments throughout the last month, i seriously doubt it.
Does the term cherry-picking apply here?
He is infamous for cherry-picking. In looking at the stock market, he always wants to compare its performance beginning around 2000 right before the dot.com bubble bursted.
“So, you really can hope to match what the market does, which historically has returned 10% (11% with dividends reinvested) or 7% when you figure in inflation. That is over the last 100 years. No other investment comes close.”
Of course quoting 100 years of stock performance is not cherry picking, especially since no one here will live that long, let alone the changes since 1919.