short term pain, long term gain

A central question behind many of my investment essays is, how is it possible to beat so many professionals at global money management for so long? How can other investors benefit from this experience? Have I found the Holy Grail or just been very lucky? Results My 25 years working as a City professional made no difference; for the first two decades of managing my own pension my performance was precisely average. As the chart, showing the relative performance of this fund compared both to the FTSE World Index and the managed fund of my pension provider, demonstrates, that changed dram...