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If the majority of investors "beat the market" wouldn't that just become the market?
by cmdrfred 10y ago
If the majority of investors "beat the market" wouldn't that just become the market?
- jbpetersen 10y agoSurvivorship bias?
- ____nope 10y agoA 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.