The Meb Faber Show - Better Investing cover image

Mebisode – Journey to 100X | #332

The Meb Faber Show - Better Investing

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Power Laws and Public Markets

Power laws also work in the public stock market. Research shows that about ten % of stocks delivers all the returns. Your average stock probably under performs tea bills. If you'd invest an amazon ats ipo, you'd be up somewhere in the tens of thousands of% compared to the broad market.

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