perspectives
Here’s Why Most People Can’t Beat the Stock Market
For many people, the phrase “market efficiency” is hard to comprehend. When they see the stock market soar or plunge, they might think prices are out of whack. Efficiency probably isn’t what comes to mind. In Episode 45 of The Informed Investor, Dimensional’s Mark Gochnour, Wes Crill, and Jake DeKinder dig into the misunderstood concept of market efficiency and show how this elegant idea can help most people have a better investment experience.