Re: An example of why there is money to me made in the stock market
Interesting post, however I have to disagree with you. The market price is the weighted average of investors' opinions of the future price of the financial instrument. So financial markets are excellent predictors. Remember the terrordaq idea? Also, the florida futures market predicts the weather better than conventional meterological methods. So this means that the market price most of the time is a fair and not biased price. And therefore it's pretty hard to beat the market even if some idiots participate.
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