FYI: Considering bridge is played with a 52 card deck this is an unfathomable amount of different hands to consider.
In many ways, this is how I view security selection in the financial markets. I was reminded of this while reading a great piece by Jason Zweig this weekend. Using CRSP data, Zweig showed how the number of stocks in the U.S. market has fallen substantially since the late-1990s:
Regards,
Ted
http://awealthofcommonsense.com/2017/06/playing-all-the-hands-youre-dealt/
