Efficient Market Theory as explained with Asian Parents
Outperform the stock market or impressing your Asian parent - which is harder?
Numerous Asian American children - and let's face it, adults too - know all too well the tale of that legendary cousin. The one who always seems to outshine us, no matter how high we climb. This cousin becomes a mythical figure, perpetually one step ahead, fueling the competition and setting an ever-moving target.
This scenario intriguingly mirrors the Efficient Market Theory. This principle suggests that no individual can garner more collective insight than the entirety of stock market participants - a tough, if not impossible, crowd to outperform.
2 packs of Nori was consumed during the filming of this video.
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