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Posts by DartagnanRed

This is what I was alluding to before. Can't remember who first spoke about it (maybe Fama) but they say the market must be just inefficient enough that active investors earn a "finder's fee" or a small profit which motivates them to stay in the market and keeps it relatively efficient. No-one sensible ever actually claims the market is wholly efficient (even if their language implies they are), rather it is a debate about how efficient it is.
Wat? No one said that and no one would.
 I "assume" that the only way to consistently beat the market (other than luck and leverage) is having superior information, having superior interpretation of existing information or getting information faster than others. But, there are so many different interpretations of what constitutes "information" that EMH becomes a rather meaningless thing. I it when people say that successful investors are just lucky and EMH holds, but I also dislike it when people point to...
What I get out of the EMH is that if you don't have information others don't, or a better interpretation of that information then there is no reason to expect that you will beat the market, indeed after transaction costs you probably won't. So, for an individual investor, it effectively is futile to expect you will beat the market. In regards to your other points:-You need lot's of monkeys to write Shakespeare, but not many to beat the market.-I'm rather poor with...
And this is of course fine, and great advice to students or young people or people in general, if it were not for the minor complication that it is incredibly difficult and often close to impossible for most people to be employed to any extent in their passion, even (as fxh thankfully pointed out) if their passion is not something pointless or illegal. The world is filled with wannabe photographers, fishers, ballerinas, artists, models, Beyonces, style bloggers, porn...
Makaura are good value yes and great fabric. I ordered a couple of shirts from them, but as you say really bizarre cut and also I did not like the collar. I am incredibly fussy about the collar for some reason. Also, I think this has been discussed before, but poplin is IMO a horrible shirting fabric. My rotation for work is 2x white royal oxford, 3x white twill, 1x blue royal oxford, 1x blue twill, O&J white OCBD for fridays. Other shirts are a mix of R&B on special and 2...
I hate the collar on MJB shirts, and half of them are horrid fabric. The way it splays out at the point...annoys me just thinking about it. And if you don't like that, there's only a too-spread variant. Herringbone uses the same factory for a lot of their shirts, similar annoying collar. TM Lewin has a tiny selection in button cuff and again don't have a proper semi-spread collar. Rhodes and Beckett are the only shirts I buy RTW as they have some nice fabric, simple styles...
Just wanted to give a shoutout to MensBiz, which IMO is the single best men's store in Australia. Great website, easy order process, great selection of products, meaningful reviews on the website and the fastest shipping in the frickin' country. I ordered Friday afternoon and had it on my desk Monday morning from Melbourne to Sydney. You basically get a "your order has been shipped" message 10 minutes after ordering.   They are also very well priced, and even more so...
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