We at STATS4TRADE adamantly believe that it is a fool's errand to predict price movements with absolute certainty for "sure bets" never exist. Morever it is extremely risky to bet everthing on just one stock.
Instead we fervently believe that markets are complex with stochastic characteristics that lend themselves to statistical approaches like ours – approaches that increase the probability of picking stocks with positive returns while enforcing diversification to reduce risk. Sure we might miss the stellar returns that a bet on just one stock can yield – say Apple at the moment. But we also minimize the risk of "putting too many eggs in one basket" like Mr. Ackermann.
We ask that you think about Mr. Ackermann's investment process and ask yourselves – why would anyone pay his fund's fees considering such an astounding yet preventable loss? Investors expect and indeed demand better performance. We do too.