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I think this is implied because he's talking about people that trade stocks for a living. Leaving money in a an index that tracks the overall market doesn't rea
by cactus2093 6y ago
I think this is implied because he's talking about people that trade stocks for a living. Leaving money in a an index that tracks the overall market doesn't really count as a full-time trader job.
- vasilipupkin 6y agoI don’t think it’s implied because it’s not even true for professional public market investors. They can make money by giving customers ways to take risk, not necessarily through superior predictions.