Not a strong beat by any means.
You see, in the olden days, we actually bought printed share certificates and you could put them in safe deposits or a file folder in your closet, or you broker would hold them in your account, but then you might be tempted to sell it too soon... I thought he woulda sold it for $220 last year, but no; "Dude; it's safe in my closet, call me when it goes over $500."
I called my pal this weekend, and mentioned it stood at $142, had been over $200. "Yeah, I know dude, but it's safe in my closet. And my kid's not ready for college yet.
So when I think about all the crazy market timing and speculative trading we are doing to pick up dimes in front of the bulldozer, I think about the 200 (now 600) shares in my buddy's closet.
BTW, he bought 200 Pepsico for 30 bucks in 1991. I also bought it and was ecstatic to sell mine for 40 bucks in 1992. He still has the shares in his closet, filed with the IBMs. It split 2:1 in 1996, at current valuation of $130 >$260 it's not quite a ten-banger, yet.
Take home message: I'd been better off just buying the paper to line my closet and forget about day trading and market timing.
Next bear market just gonna line the closet and go fishing for ten years.