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Heads up re The Private Stock Market
#19

Heads up re The Private Stock Market

My issue with these stock pick type newsletters or subscriptions is this - if someone really had great information, wouldn't they keep it to themselves? And if the information isn't great, then it is basically public, and the trading price of the stock already reflects the information available to the market.

I have an average understanding of investing and financial matters so I could well be wrong.

My general perspective is that unless you have insider information, you are just gambling, and are best off picking index funds. No one beats the market consistently (i.e. quarter after quarter for 3 to 5 years or more) unless they are cheating or rigging the game.

"Me llaman el desaparecido
Que cuando llega ya se ha ido
Volando vengo, volando voy
Deprisa deprisa a rumbo perdido"
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