Why you should look after your own investments!

I frequent a website at http://www.cxoadvisory.com/.   This table caught my eye.   It is a list of performance statistics for "Professional investors".

Here is the latest table:-

I've highlighted in green those results that were better than 50%, which, statistically, you should be able to achieve on the toss of a coin!   Notice that only the top four, led by Ken Fisher and David Dreman, can outperform a coin toss, and then, only just. Media star and permabull, Abbey Joseph Cohen of Goldman Sachs (GS), is down in the dumps with a 35% success rate. Note also that the bottom position is held by Elliot Wave guru, Robert Prector, who is right a dismal 23% of the time.