Quote:
Originally Posted by Enoch Root
All information is built into a stock price.
And it is impossible for you (or anyone) to know all information about a stock.
Therefore you are playing against a market that will always have the advantage. You are playing blind, and essentially guessing, no matter how much information you think you have.
That is why it makes sense in the vast majority of situations, to simply buy the market.
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I keep telling myself just buy a S&P 500 index stock (I like VOO) and just doing it that way. I know I'd be way ahead where I'm at right now if I had done that in the past.