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Mark Hulbert: Why you should probably just give up trying to beat the stock market

This past week saw the release of not one, but two, reports showing how incredibly difficult it is for stock investors to beat the market.

If we hadn’t already appreciated how dismal the odds are of beating the market, now’s your chance to finally do so.

The first bit of evidence is the S&P Persistence Scorecard, a report updated annually by S&P Dow Jones Indices. The report measures how many of the mutual funds that are above-average performers in one period are able to repeat their performance in subsequent years.

The findings are discouraging, to say the least. Take those U.S.

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