Re: Is the stock market +EV?
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Is poker +EV? Depends on you. Same with the market.
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No, they are not the same... Poker is -EV overall, because the rake is substantial. Yes a good player can beat it, but he's still working in a significant -EV environment. In poker, to win you must take money from other participants, and beat the rake.
In the market it is possible for all player to win, because your wins do not result from someone else losing.
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