If there's 10,000 people looking at the stocks and trying to pick winners, one in 10,000 is going to score, by chance alone, a great coup, and that's all that's going on. It's a game, it's a chance operation, and people think they are doing something purposeful... but they're really not.
![If there's 10,000 people looking at the stocks and trying to pick winners, one in 10,000 is going to score, by chance alone, a great coup, and that's all that's going on. It's a game, it's a chance operation, and people](http://cdn.myquotes.org/images/merton-miller/if-theres-10000-people-looking-at-the-stocks-and-trying-to-pick-winners-one-in-10000-is-going-to-score.jpg)