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Investing Strategies / Risk


Subject:  Re: The Nature of Risk Part 3 Date:  6/25/2001  3:52 PM
Author:  solasis Number:  77 of 297

But over the long-term, people with wrong beliefs, misleading emotion, and incomplete information will be forced out, leading to greater efficiency when considered
over the longterm, right?

sure, i'll buy that, except how do you define "wrong belief"? if everyone's functional requirements differ, then it is hard to draw the line at what is a wrong or right belief.


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