David Ramsey and his alleged mutual funds reterns I've been watching David Ramsey shows lately just out of boredom I guess and he says that he is a big fan of mutual funds. I am ok with that, I like them too. However, he says that finding a mutual fund that brings 12% a year on average is fairly simple. This is where I don't get it. How? 

I admit that the MF which I hold is fairly conservative in terms of the fluctuation risk, but last year it made around 7.5% (good) and this year it's around 3.3% (bad). And I can't find a fund with historically high rates that is available in Canada. Where is he able to get 12% year after year on average? I don't like ETFs, so let's not talk about them.