Recent comments in /f/dataisbeautiful

BorZorKorz t1_j3s1dp0 wrote

I stopped doing these since Covid.. the amount of online shopping and takeout has skyrocketed to what would be a shameful % of my expenditure. if I didn't have school runs, I would have basically not left my house for years!

What pets do you have for those outgoings xD although, I suppose, one single vet visit could generate that xD

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urgjotonlkec t1_j3s198c wrote

>You're telling me that every major investor is just luck? It had nothing to do with skill, knowledge and understanding?

Yes, that's a pretty common school of thought supported by considerable research. For instance people have looked at the fund managers with the highest performance in given years and there's no correlation year to year.

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LordFaquaad t1_j3rzq86 wrote

You're telling me that every major investor is just luck? It had nothing to do with skill, knowledge and understanding?

Also the efficient market states that prices are representative of assets. This is simply not true in the current market. The market isn't a casino that has priced in everything all thr time. The companies have Financials and based on those Financials and other factors, investors make decisions.

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