Image prompt: a stack of dollar bills, watercolor

Of Course You Can Beat the Market

Free your mind from the Efficient Market Hypothesis

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Thank you for this article! This is maybe a dumb question: What's the definition of "stocks are priced appropriately". Appropriately versus what? Who's the judge? How do we know? When do we know? The example about tech stocks 10y ago ... if tech stocks collapse in next 10y, will we then say they were priced appropriately? Is this a moving target?