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The stock market is a game for chumps. If you know someone who plays it, you know a chump. If you know someone who has beaten it, you know a chump who got lucky. If you know someone who can beat it consistently, you know a criminal. There is simply not enough information available to make choices that are better than random chance.

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One Comment

  1. Is that all? I was hoping for more, since it’s not often that I find someone who knows when to use “lose” and when to use “loose”.

    Drop me an email when you expand this essay. I really would like to see the rest of it.


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