If we look at the historical chart of S&P500, it has been moving upwards since its inception. The average return of the S&P500 over the years is about 8% annually.
In 2007, Warren Buffett made a famous bet that investing in an S&P500 index fund would outperform a hand-picked portfolio of hedge funds over 10 years. Protégé Partners took the bet and after 10 years, the S&P500 outperformed the hedge funds with a return of 125.8% to 36%.
SPX EA Performs 7x Better Over The Same 10 Years Period
The SPX EA is an automated trading program which enters a long trade daily and closes the trade at the end of the day. The results for running the SPX EA has shown that it has better return on investment than Warren Buffett’s index fund. The chart below shows the equity curve from 2007 till 2020. During this period, you can 10x your account by running this system passively.
*Disclaimer – Past performance is not indicative of future results.
SPX EA Stats
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