Who Wants To Win A Nobel Prize?

Caveat. It'll be in Economics. Still interested?

Hypothesis:
A market can only support a certain percent of capital seeking "better than average" returns.

Let's say you have a trillion dollar market and it averages 10% return. If a billion dollars goes for returns of 20%, the rest still gets 9.98%. No big deal.

If you raise that to 10 billion in chasers, the rest gets 9.8%. At 100 billion, the rest gets 8.88% and things are f*cked.

Just flesh that out (i've done the hard work already) and wait a decade or two and you'll be a Nobel Prize winner.