On wall st I worked with a really smart guy who thought he could outperform the market. So we bet a dinner every year, his performance against the s&p500. After losing 7 straight dinners he gave up.
Oddly, when we made the bet, he didn’t realize the statistics around active vs passive mgmt. this from someone with two Ivy League degrees, a 7 figure salary and a senior position on wall st
Best
Oddly, when we made the bet, he didn’t realize the statistics around active vs passive mgmt. this from someone with two Ivy League degrees, a 7 figure salary and a senior position on wall st
Best
Statistics: Posted by gips — Fri May 15, 2026 11:02 pm — Replies 25 — Views 882









