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Get poor quickly - avoid expensive stocks
Started:October 24th, 2014 (02:29 PM) by Big Mike Views / Replies:235 / 3
Last Reply:October 25th, 2014 (02:06 AM) Attachments:0

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Get poor quickly - avoid expensive stocks

Old October 24th, 2014, 02:29 PM   #1 (permalink)
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Get poor quickly - avoid expensive stocks

Get Poor Quickly! ? Millennial Invest


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Old October 24th, 2014, 02:29 PM   #2 (permalink)
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Old October 24th, 2014, 02:56 PM   #3 (permalink)
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One of the best ways to measure how much luck is involved in the outcome of any competitive event is to ask how easy it would be to lose that event on purpose[i]. It would be very easy, for example, to lose a round of golf or a tennis match on purpose—implying that skill determines the outcomes in those sports, not luck. But what about investing? Here, the answer is less certain. Just as it’s hard to consistently pick stocks that beat the market, it is also difficult to consistently pick those that lose to the market.

So much for the theory that if you consistently lose, you could just keep your same strategy, and take the opposite side of the trade.

It is hard to find the Truth when you start your search with a preconceived notion of what the Truth will be.
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Old October 25th, 2014, 02:06 AM   #4 (permalink)
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I'm still trying to decide whether I should be taking that seriously or not.

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