You are here

Uncertain markets outpace stock-pickers' talents or luck

High-flying young brokers who take on money markets soon come down to earth

NINE years ago, Randy Kurtz made an extraordinary bet on himself, the stock market and his ability to pick a few winners.

He hung out a shingle for his money management firm and made the following promise to investors: If his investments underperformed the Standard & Poor's 500-stock...