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Professor Wermers said he believed that it was "exceedingly probable that any fund that has beaten the market by an average of more than one percentage point per year over the last decade achieved that return almost entirely due to luck alone".
Similar(59)
"But it is exceedingly likely that it will not".
It was exceedingly gorgeous, a Utah dipped in fudge.
It was exceedingly pleasant yet not overly memorable.
A dog … was taken when it was exceedingly ill with distemper.
It is exceedingly arbitrary.
It's "exceedingly unlikely".
It is exceedingly efficient.
As an opera, it is exceedingly nondramatic.
It is exceedingly rare, but it has happened.
It is exceedingly clean, and looks like an operating room.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com