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The Intelligent Investor

What You Will Learn

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The Efficiency Market Hypothesis

A lot of people have got these strategies, but you know, they're just patterns that emerge over parts. And the other reason it's probably not going to work is the efficient market hypothesis. This is the theory that the price of a stock or any publicly traded something on the market already pricing all the publicly available information. It's not like Greg's second is to. It's got the special information that no one else does. Everything's already baked into what the price is. Exactly.

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