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Agree. Think it more just speaks to how hard it is to generate alpha in investing. It's like being the MVP of the NBA. The competition is fierce, and you are
by abcampbell 11y ago
Agree. Think it more just speaks to how hard it is to generate alpha in investing.
It's like being the MVP of the NBA. The competition is fierce, and you are playing a zero-sum game, hence generating returns greater than available by putting money 'in the market' is hard and (sometimes) ephemeral.