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cmdrfred
on Jan 22, 2017
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Investing Is More Luck Than Talent
If the majority of investors "beat the market" wouldn't that just become the market?
____nope
on Jan 24, 2017
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A better way of saying it is that the whole of investors are better at accurately predicting the value of a company than individual investors. Which sounds almost like a truism when you put it in those terms.
jbpetersen
on Jan 22, 2017
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Survivorship bias?
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