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Re:Compounding Knowledge by Brigadirk on Wednesday February 06, 2019 @07:51AM (#19094689)
I can't find the quote, but Buffett himself addresses this somewhere by saying that while you can get very lucky in finance, if the lucky ones all come from a particular city (Omaha) with a particular philosophy, something might be up.
Re:Compounding Knowledge by melling on Wednesday February 06, 2019 @08:47AM (#19094994)
He’s talking about value investing.

The markets are supposed to be efficient and you can’t beat them.

Re:Compounding Knowledge by throwawaymath on Wednesday February 06, 2019 @08:50AM (#19095009)
Indeed, they're supposed to be.