MI238: A Guide to a Winning Investment Strategy w/ Larry Swedroe
The Intrinsic Value Podcast - The Investor’s Podcast Network
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The Market Is So Efficient That It's Hard to Opt Into It
Today about 90% of all trading is done by institutions. When you buy a stock, say TDC, the odds are 9 to 1 that it's an institution on the other side. The problem is when you own one stock, you have the opportunity to hit that home run, but you also have much greater odds. You reduce your odds of underperforming the more the number of stocks you buy.
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