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 December 7, 2004
BEATING THE MARKET....This is off the beaten path, but Andrew Tobias has a good answer today to a perennial question: can smart investors beat the stock market?
This is something that too few smart people appreciate: in most things that matter, you're not competing with the whole world. You're competing with a tiny subset of the world that's probably at least as smart and knowledgable as you — and probably more so. Caveat emptor. —Kevin Drum 2:10 PM Permalink | Trackbacks | Comments (0)Comments
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