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Assume that in any given year, 6 out of ten stocks outperform the general market. Also assume that all investors have zero stock picking skill.

Assume that in any given year, 6 out of ten stocks outperform the general market.

Also assume that all investors have zero stock picking skill. Assume that 6 years ago, we had 30,000 investors trying to beat the market every year. After six years, how many investors would have perfect records?

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