don't know - you could well be right.
In 'One up on Wall Street' --- Peter Lynch tells how funds work - and, basically - their main objective is to not do worse than their peers -
which doesn't exactly give you a striving for excellence organisation - it gives you an eggshell treading mentality -
so, if they are in a race to make sure they just don't do worse than the Jones's - and, your aim is to make as much as you can - you both have different objectives - and, if you have a pretty good formula - then, you could easily be on top of them IMO.
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