presentation - Legal & General
presentation - Legal & General
presentation - Legal & General
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PASSIVE INVESTING – GOING UNDER THE BONNET (HARD DRIVE)! 20RANDOM WALK THEORYSOME THOUGHTS.Price movements do notfollow any trends orpatternsBuy and hold strategyoutperforms most attemptsto time the marketPrices move in arandom fashionFuture news is randomand unknowableNo way to profit frominefficiencies
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