Manage episode 362946528 series 3234219
Does there need to be a loser for every winner when it comes to investing and economic growth?
Topics covered include:
- What are zero-sum games
- How trading can be a zero-sum game
- Why active management and seeking excess returns through security selections or country weights are zero-sum games
- Why the U.S. stock market has outperformed the rest of the world
- Why economic growth overall is not a zero-sum game, but some aspects of the economy are zero-sum games
For more information on this episode click here.
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