If you've studied investing, you've probably heard of Keynes' beauty pageant hunt.
If you've studied investing, you've probably heard of Keynes' beauty pageant hunt. This is what it means to get paid if you find a woman who will be voted the best beauty in the contest. Keynes saw the stock market as a game of finding beauty pageants. Actually, when it comes to shareholder analysis, you're right. Competitor = Event Best beauty = shareholder If you pick a shareholder, you get paid..
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