Mandalore76 said:
VAMatt said:
To play devil's advocate here....
Assuming the stat given elsewhere in this thread - that he has an average return per prediction of 7.9% - if you take out the Netflix call, he would have a much higher average return.
Also note that essentially nobody is able to outperform the market in the long-term with common stock. So, if you take out the Netflix call and his average return goes up to something like 20%, that's pretty good.
I have no idea what his average return would ve without Netflix though, because I'm not gonna go do the math. But, I do know that it would be a lot higher, if he has in fact missed Netflix by 2000%.
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Sure, if they forget about that one time he cost his investors to potentially miss out on $20,000, whenever he makes them $200 it must really soften the blow.
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7.9%? I wonder on what timeframe since mutual fund average returns are about 9.5% annually.