Woodford Patient Capital Trust

aberlyfid_2000

statistically speaking, out of 10 million stock market investors, you are going to have 100's who are likely to make outsizes gains, just like out of 30 million lottery ticket holders, you might have 10 or 20 lucky ones, over the course of the year.

Woodford is one of those people, and clearly he's made a name for himself and a living out of it. This year has been disastrous for him, and the poster boy for active management has become one of the best arguements for going passive.