Bear Market Traders in the US Beating Other Active Money Managers

Bears in Bull Markets

A bear in a bull market is like a prohibitionist at a cocktail party. At first, some people take his admonitions to heart and sip soda water. But as the party goes on, nearly everyone joins in the drinking. Scorned, scoffed at, and worst of all ignored, the prohibitionist slips out to await the morning after.