Most people will tell you trying to beat the S&P 500 is a fool's errand. Why don't more investors just copy the portfolios of mega successful money managers like Stan Drunkenmiller or Nancy Pelosi? Stan beats the S&P virtually every year and has averaged 30% annual returns. Nancy's returns are even better I hear.
Is this strategy just so smooth brained that it might just work? Surely someone must have tried this already.