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Obviously day traders and fundamental investors still are doing their job to price each individual stock accurately. This doesn't mean PASSIVE investors can't
by spectrum1234 10y ago
Obviously day traders and fundamental investors still are doing their job to price each individual stock accurately.
This doesn't mean PASSIVE investors can't all do the same thing. In fact because risk over time is the fundamental reason passive investors make money, they can do exactly this. This isn't some loophole in the system. They are taking risk!!! It's amazing how many people don't understand this.
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