Most people might just as well buy a share of the whole market, which pools all the information, than delude themselves into thinking they know something the market doesn't.
"Investment Gurus: A Road Map to Wealth from the World's Best Money Managers" by Peter J. Tanous, (p. 269), 1999.
![Most people might just as well buy a share of the whole market, which pools all the information, than delude themselves into thinking they know something the market doesn't.](http://cdn.myquotes.org/images/merton-miller/most-people-might-just-as-well-buy-a-share-of-the-whole-market-which-pools-all-the-information-than-delude.jpg)