There’s a market-stomping mutual fund you’ve probably never heard of.
Between 1970 and March 31, 2014, it averaged a 14.67 percent annualized return.
That will double your money about every five years.
Those investing $10,000 at its inception would have nearly $4 million today.
It’s called the Sequoia Fund.
It walloped the S&P 500 by nearly 4 percent annually for 44 years. Studies prove the S&P 500 outperforms most stock pickers.
But what about the Sequoia fund and Warren Buffett?
If they can do it, why can’t you? I won’t say it’s impossible. But beating the market requires brilliance and more than a few hidden horseshoes.
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