Investing in the Market
Posted in Economic Illiteracy on May 7th, 2008
It is clear that on average, you cannot outperform the market - whatever market you are in. Why? Well, “everyone” IS the market.
If you beat the market one time, you got lucky.
If you beat the market a second time, you got lucky.
If you beat the market a third time, you understand government.
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)