RE: Where''''s the train?Quote's quote is kindof what I was talking about. It's just about the most unenlightened comment an investor can make, that the market always knows.
Of course, what's really implicit in the quote is that if you want to beat the market, you have to know what the market is going to think before it thinks it.
Therefore, you have to know something the market doesn't know.
And, therefore, the market cannot always know.
Or else all you can do is follow the market which means you can't make money.
So why are we here?
To make money off of those who think the market always knows, that's why!!