And another thing

I'm curious as to why anyone would think that they could make it in the market? The idea is that the market prices information. There are enough people out there that understand what is going on to create arbitrages that should smooth out any differentials in information pricing. So the only way that you could make money in the market would be through dividends and not through price increases of the stock. A price increase in the stock would indicate new information coming into the market. New information means that no one had that information before hand because it wasn't already priced in. (This thinking works for any asset) So any expectation of a price increase in the stock is can't be based on actual information only on the expectation of future information.

Update: Obviously the stock market does go up but my question is how that happens particularly and how is it that anyone expects to make money from it?

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