Free Markets Work – Free markets left to their own devices set prices better than any individual or committee. They incorporate all of the knowable and predictable information in the present, as well as knowable information about the future. Only unknowable future news and information can change prices going forward.

Markets Are Random: If you invest in stock markets no one can “save” you from the down periods – NO ONE. If markets were not random and unpredictable, they wouldn’t offer higher expected returns. Markets randomly an unpredictably go up and down.

Excerts from the book “The Dirty, Filthy Lies My Broker Taught Me and 101 Truths About Money & Investing” by Mark Matson.