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When you're doing long-term investments, it's not a zero-sum game. It is possible - likely even - that you and those hordes of PhDs all come out ahead.
by yen223 2y ago
When you're doing long-term investments, it's not a zero-sum game. It is possible - likely even - that you and those hordes of PhDs all come out ahead.
- constantcrying 2y ago>It is possible - likely even - that you and those hordes of PhDs all come out ahead. No, it isn't. This is total nonsense, if the PhDs believe a stock is undervalued they bid it up until it is even valued. The only secret strategy an individual has to outperform the market over a long time is insider training. Everything else means you are betting against the market being efficient, which is risky, to say the least.