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Old 01-25-2005, 04:05 AM
felson felson is offline
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Join Date: Jan 2003
Location: San Diego, California
Posts: 182
Default Re: Is the stock market really +e.v.

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if someone pick stocks at random and sold them at random would they show a profit over 50 years? Does someone have to lose for you to show a profit?

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Almost everyone says yes, and this is the idea behind index funds. You don't buy a handful of stocks at random; instead you pretty much buy the entire stock market.
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