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Podcast: My Worst Investment Ever Podcast
Episode: Enrich Your Future 32: Trying to Beat the Market Is a Fool’s Errand
Description: In this episode of Enrich Your Future, Andrew and Larry Swedroe discuss Larry’s new book, Enrich Your Future: The Keys to Successful Investing. In this series, they discuss Chapter 32: The Twenty-Dollar Bill.LEARNING: Trade as if the markets are efficient, even though they are not. “If the markets were perfectly efficient, then no one would discover anything about a mispriced stock. There would be no abnormal behaviors or biases, such as investors preferring to buy lottery stocks; therefore, there would be no incentive for investors to conduct any research. This would make the marke...