Stock Picker
topic on 2 shows · 3 statements across 3 episodes
the Knowledge Project 
Capital Allocators
3 statements about Stock Picker, every show
Housel: Widespread Mutual Fund Underperformance Is Natural and Statistically Expected
“It's the same in investing. Like, there should not be a world in which every ambitious stock picker can beat the market. Of course, whenever you hear the statistics about 95% of mutual funds underperform their benchmark, I'm like, yeah, what would you expect?”
Greenblatt: Active management business will suffer, but stock picking opportunities will grow
“I think the world will continue to get harder for active managers as far as a business is concerned. But if you're a stock picker, if you're an active manager and you're an individual stock picker, the world's getting better for you because less people are doi…”