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What high-powered investment advice gets you

O.K., some high-powered advice. According to this slide one of Goldman Sachs's "best trade ideas" has returned, since December 7, 2009, 18%.

Impressive, no? No. According to Yahoo the S&P500 closed on December 7, 2009 at 1110.72. The return on the index from then until March 30, 2012--inferred from the statement on the slide giving the current value of the S&P as 1408--was 26.8%. 

If you pay me a whole bunch of money, I'd be willing to try to underperform the S&P by about 4 percentage points a year. 

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