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What is Efficient Market Hypothesis?
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What is Efficient Market Hypothesis?
If millions of people are investing all at the same time, chances are you have no edge competing against every other investor.
Truth is many people invest with emotion.
When their portfolio starts turning south, people seem to over-react by over-selling or over-buying.
So the chance of you finding the right stock at a cheap price is impossible.
Check out the book The Most Important Thing by Howard Marks.
#Stocks #Investing #Money
If millions of people are investing all at the same time, chances are you have no edge competing against every other investor.
Truth is many people invest with emotion.
When their portfolio starts turning south, people seem to over-react by over-selling or over-buying.
So the chance of you finding the right stock at a cheap price is impossible.
Check out the book The Most Important Thing by Howard Marks.
#Stocks #Investing #Money
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