Is Everything Priced In?

Don’t even ask the question. The answer is yes, it’s priced in. Think Reliance will crush its next quarterly results? That’s already been priced in. You work at the counter of a roadside dhaba and found out their biryani has gold flakes in it? Priced in. You think insiders don’t already know that? The market is an all-powerful, all-encompassing being that knows the very inner workings of your subconscious before you were even born. Your very existence was priced in decades ago when the market was valuing Tata Steel’s expected future earnings based on population growth that would lead to your birth, what age you would buy your first Royal Enfield, how many times you would swipe for a metro ride in Delhi, how many chai breaks you’d take at work, etc. Anything you can think of has already been priced in, even the things you aren’t thinking of. You have no original thoughts. Your consciousness is just an illusion, a product of the omniscient market. Free will is a myth. The market sees all, knows all, and will be there from the beginning of time until the end of the universe (the market has already priced in the heat death of the universe). So please, before you make a post on r/IndiaInvestments asking whether HDFC Bank has priced in UPI dominance or whether Infosys has factored in AI disruptions, know that it’s already priced in. Don’t ask such a dumb question again.