The 90% nobody talks about

One number disqualifies most of the financial industry.

According to the latest SPIVA scorecard from S&P Dow Jones Indices, 89.93% of all U.S. large-cap mutual funds underperformed the S&P 500 in 2025. 

Stretch that out to 15 years and the number gets worse. Over 90% of large-cap active equity funds lag the index. Over 20 years, 94.1% of all domestic funds underperformed the S&P 1500.

These are the people you're paying 1% to manage your money. Pension funds, hedge funds, mutual funds, the professionals you trust to do better than a passive index that takes zero skill to own.

Almost all of them are losing to it.

I've been in this business 25 years and the data has been the same the entire time. 

The people managing your money cannot beat a benchmark anyone with a Vanguard account can match for 0.03% in fees.

Here is why this matters today. 

Blake Young has been running his system live for 11 months, with every trade called before it happened, documented and timestamped. Not a backtest. Live in front of his audience.

The S&P 500 averages roughly 10% per year. 

Blake has averaged closer to 25% per month over those 11 months. Even if you only captured half of that, you would be multiplying your account by four in a year while the professionals running mutual funds couldn't match the index they're paid to beat.

And here is the part the financial industry would never do.

Blake doesn't lock his trades behind a $200,000 minimum or a 2-and-20 fee structure. 

He shows you every signal the night before it fires, with the entry, stop, and target laid out in advance. You see what he sees, you decide whether to take it, and you keep what you make.

Most of the industry can't beat the index. Blake is beating it by a wide margin and handing you the trades.

If you want to see the math and the track record, the full presentation is here.

Watch Blake's full presentation here.

To your success,

Don Kaufman