Comment by protoax

I think I understand your point and agree with the hype aspect, but statistically how can they be statistical outliers? On a broad annual basis they’ve beat everyone 10+ times in a row or whatever the number is. That’s far more than statistically significant. How can 1 fund beat 10,000s 10 times in a row and be just an “outlier” with no rhyme or reason to their performance? Please correct me if I’m misunderstanding.