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> really her husband who's a sophisticated investor It's not hard to be a sophisticated investor when your spouse is one of the decision-makers influencing maj
by Alupis 2y ago
> really her husband who's a sophisticated investor
It's not hard to be a sophisticated investor when your spouse is one of the decision-makers influencing major stock movements - a la CHIPS Act.
It would be naïve to believe spouses never discuss pending legislation that might financially benefit them both.
- Retric 2y agoAn interesting corollary to outperforming the market long term being difficult is that underperforming the market (ignoring transaction costs) is also difficult. If you could consistently pick bad stocks then buying everything else would outperform the market. So sophisticated on its own doesn’t imply consistently outperforming the market. It does imply variance and thus windows where they will outperform the market even if they preform poorly long term.