SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Clown-Free Zone... sorry, no clowns allowed
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: At_The_Ask who wrote (148176)2/4/2002 12:41:04 AM
From: GraceZ  Read Replies (2) of 436258
 
The giant gaping flaw in that theory is that there are many people who have made a living by consistently beating the market.

How do you define beating the market? I've already told you how to beat an index. All an index is, is a self correcting cross section of market. It is self correcting because companies that fail are removed and companies that are succeeding are moved in to take their place over time. If you simply accelerate the self correcting mechanism you can beat the index.

Beating the index and random walk are not exclusionary. But your thinking they are is how I know you don't understand what the term random walk means, nor do you understand how it can be a random walk while also being bounded by expectations.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News