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Re:Investing Returns on the S&P500 by __derek__ on Wednesday June 29, 2016 @05:18PM (#12004909)
This seems like a good place to insert a reference to Fooled by Randomness[1], which focuses on the point that you make in your second item.

[1]: https://www.amazon.com/Fooled-Randomness-Hidden-Markets-Ince...

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