n Investment Analysts Journal - Can the small investor beat the market by 'Dow investing'?

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Extracted from text ... Number 53 - Part 4 HP Wolmarans - Department of Accounting and Finance, University of Pretoria 0001, Republic of South Africa. Email: wolmaran@hakuna.up.ac.za Can the small investor beat the market by 'Dow investing'? 1. Introduction It is possible for the small investor to 'beat the market', ... which 80% of professional portfolio managers seem incapable of doing. The most amazing thing is that this can be done in only 15 minutes a year" (Bauer and Gardner, 1999:5). This statement sounds too good to be true, but even if only some of it is true, this merits further investigation, because it ..


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