alt Hacker News"Unless you have special insight, you should assume all stocks are equally good buys."
Lol maddest thing I've read all day
"priced in"
I smell your efficient market hypothesis argument, before you even begin just keep in mind that does not apply here, it's an IPO, the price is not set by the secondary market
Even so, I'm not a fan of EMH
Replies
thomasahle • yesterday at 7:17 PM
It's simpler: If this stock was such a great deal that everyone would buy the it over anything else, then clearly Anthropic had set the price too low.
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> "Unless you have special insight, you should assume all stocks are equally good buys."
> Lol maddest thing I've read all day
didn't someone like the WSJ to a long term experiment picking a basket of stocks by throwing darts at the paper? They beat most/all established funds over 5 years or something like that. I don't think it matter much, i just buy VOO when i get my bonus and go back to living my life. That strategy is on track to put two kids through college.