Episode 72
The Collective Wisdom of Financial Markets (EP.72)
The Long Term Investor · Peter Lazaroff
November 2, 20227m 56s
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Show Notes
The collective knowledge of financial markets is one of the reasons it is extremely difficult for active managers to consistently outperform the market.
Listen now and learn:
- Why groups are good a guessing the weight of cows and jellybeans
- The reason you should assume market prices aren't wrong
- The importance of harnessing the power of markets for your own portfolio
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