If stock prices are so easy predict, why aren't you putting your money where your mouth is? :P Or are you? Then I'd love to hear about that obscene fortune you've made so far. :)
In all seriousness, though, there is an entire field of research whose results substantiate GP's point. This is not to say that you can't beat the market but the challenge lies in doing so consistently.
They may have missed it this time, but if you look at a recent stock market history, it was impossible to not make a fortune out of a pretty obvious portfolio. /s
In all seriousness, though, there is an entire field of research whose results substantiate GP's point. This is not to say that you can't beat the market but the challenge lies in doing so consistently.