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Episode 69: LarrySwedroe talks about his capstone book, Enrich Your Future, host Rick Ferri

Bogleheads On Investing Podcast

CHAPTER

Efficiency of Market Pricing and Behavioral Finance

The chapter explores how point spreads in sports betting and stock market pricing are influenced by individual investors setting prices based on collective wisdom, emphasizing market efficiency. It discusses the methodology of picking value stocks, the importance of diversification, and the challenges of outperforming the market. Additionally, it delves into behavioral finance, highlighting the tendency for individuals to attribute investment success to skill rather than luck.

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