This decade is strewn with examples of bright people who thought they had built a better mousetrap that could consistently extract an abnormal return from financial markets.
Some succeeded for a time.
But while there may occasionally be misconfigurations among market prices that allow abnormal returns, they do not persist.
Some succeeded for a time.
But while there may occasionally be misconfigurations among market prices that allow abnormal returns, they do not persist.
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