Monkey System

In his classic book "A Random Walk Down Wall Street" Burton Malkiel said that a monkey throwing darts at the Wall Street Journal would outperform 75%  of the money managers.  In any given year about 75% will underperform the S&P.  Some will say yes that's true but I manage the risk better.  Then you will see that in a down year many lost more than the S&P.   I'm going to stay with index funds.  I don't think I can beat that monkey.

haha, always love that example when people reference it.  I need to re-read that book, it's been a while since I picked it up.