Abolish Amerikkka@lemmygrad.ml to Personal Finance@lemmy.mlEnglish · 2 个月前Beating the marketlemmygrad.mlimagemessage-square1fedilinkarrow-up111arrow-down11file-text
arrow-up110arrow-down1imageBeating the marketlemmygrad.mlAbolish Amerikkka@lemmygrad.ml to Personal Finance@lemmy.mlEnglish · 2 个月前message-square1fedilinkfile-text
minus-squaredavel@lemmy.mllinkfedilinkEnglisharrow-up2·2 个月前This graph seems to imply an analogy, but AFAICT it doesn’t actually make one. In the case of a coin with a heads bias, the winning move is to always call heads. In the case of the stock market, those who consistently beat it are those who control it. For instance: Members of Congress outperformed the S&P 500—sometimes by huge amounts
This graph seems to imply an analogy, but AFAICT it doesn’t actually make one.
In the case of a coin with a heads bias, the winning move is to always call heads.
In the case of the stock market, those who consistently beat it are those who control it. For instance: Members of Congress outperformed the S&P 500—sometimes by huge amounts