Quote:
Originally Posted by zeyneddine
even when you are working in the financial industry, it is nearly impossible to beat the market. if you do beat the market one year, you're lucky. two, three, four, your luck is carrying you. people like buffet are the rare exceptions who've just been lucky throughout. atleast thats what the theory of efficient market holds.
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The problem is, as I think you mentioned earlier - that the only way to make money is by possessing up-to-the-minute information. The average investor only discovers the "breaking" news after the event, by which time it's too late to take any meaningful action.
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