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Warren Buffet and Peter Lynch looks like have not been to Business School and don't know the fact that you cannot outperform market. How else would you explain their success and wealth? :P
One of the first things we learned in B-school was that you can't outperform the Market in the long run. At best, you can cross-analyze different types of stock and figure out the "Efficient Frontier," or how to get the reasonably best return on your portfolio risk.
CHC (Cone-Head CEO) and his poorly-performing investments are an embarrassment to the proud fraternity of MBA graduates.
