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by reduce
4241 days ago
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In the long term, all stocks become worthless and the heat death of the universe occurs. If you can't state a particular time period over which a finance model's prediction should be valid, then you haven't actually made any prediction at all. |
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Also note that most of the people beating the efficient market hypothesis aren't doing the kinds of transactions they are being compared to.
Can you really compare moves like bailing out Coca Cola to buying and selling stocks based on market estimates you derive?