Now, there are indeed investors who have beaten the market consistently for years. Warren Buffett, for example, has produced a 20.9% annualised return over fifty-three years. Peter Lynch of Fidelity returned 29% over thirteen years. And Yale’s David Swensen has returned 13.5% over thirty-three years. They have phenomenal investing skills and have earned their titles as some of the best investors in the world. But just because these guys can consistently beat the market doesn’t mean you or I can.
