02 October 2017

The Blind Leading the Blind

Just caught this from Feuerstein's twitter feed. Here's the money quote:
VP of research at State Street sent me an amazing chart. This yr 67% of companies in the $XBI are underperforming the $XBI itself by > 10%.


So, the Masters of the World of Finance are amazed that income and wealth, even among the Corporates is heavily skew right?? I betcha these guys all have MBAs from Harvard.

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