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From: The Natural Philosopher <tnp@invalid.invalid>
Newsgroups: comp.os.linux.misc
Subject: Re: "DeepSeek" - China AI App Shakes Up Tech Markets
Date: Thu, 30 Jan 2025 21:05:25 +0000
Organization: A little, after lunch
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On 30/01/2025 20:19, Lars Poulsen wrote:
> On 2025-01-30, The Natural Philosopher <tnp@invalid.invalid> wrote:
>>>> ...   I have in my portfolio anything that is *managed by someone else*,
>>>> that has shown consistent growth over the last few years.
>   
> On 30/01/2025 13:44, Lars Poulsen wrote:
>>> TNP, what do you mean by "managed by someone else"?
>>> Not managed by you? Not managed by an investor-appointed board?
>   
> On 2025-01-30, The Natural Philosopher <tnp@invalid.invalid> wrote:
>> I mean these days I invest in managed funds, not stocks shares and bonds
>> directly.
> 
> My research says that index funds on the whole perform on a par with
> most managed funds. Which I learned from Warren Buffett many years ago.
> 
> If you were a funds manager who could reliably beat the market, wouldn't
> you spend your time managing your own investments rather than thos of
> other people?
> 
Most of them actually do that exact thing.
But the results are there. Some managers consistently beat the markets. 
Some funds habitually fail to return anything.

> The only "individual stock" I hold is Berkshire Hathaway, but that is
> really more of an exchange traded managed investment fund. And it has
> done slightly better than SP500, butt not by a lot, and it probably will
> get worse than that once Warren retires or dies.
> 
>> Curiously physical gold is over time a very good hedge against inflation.
>>
>> £10,000 purchased by someone I know in 2005 seems to be worth about
>> £80,000 now...
> 
> That's 11% annual yield. Good, but nbot amazing.
> 
I aim for 20% but am happy to accept 10..



-- 
For every complex problem there is an answer that is clear, simple, and 
wrong.

H.L.Mencken