Re: Is the stock market +EV?
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Of course not. The market grows average 7% year since 1900.
It's not zero sum.
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is it going to continue at this pace? seems kinda unrealistic? wont that number get smaller?
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there's no telling. but as technology advances are exponential, so is the wealth generated. the tendency may well be to grow even faster due to the exponential nature of information-flow with the internet + technology advances.
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