look - there are companies out there - Renaissance for one - who do make very good returns consistently. The difference is that not all returns are infinite. in fact, most good investments are finite - the market eventually catches on and then prices equilibrate. saying that there are no guaranteed 20% returns does not mean that with hard work and good strategy there are not 20% returns to be made on some arbitrary amount of principal at any given time.
put another way, its easy to earn 20% on a dollar. its hard to earn 20% on a billion dollars.
Market makers/HFT firms can have astronomical returns, hundreds of percents is not uncommon depending on how capital intensive the strategies are. The returns don't compound since strategies in this space are usually very capital constrained.
It won't make you rich but it'll at the very least keep you from making yourself more poor.
Work at a HFT firm in Amsterdam. That type of finance knowledge will make you rich.
So you can guarantee 20% returns? We're back where started.
look - there are companies out there - Renaissance for one - who do make very good returns consistently. The difference is that not all returns are infinite. in fact, most good investments are finite - the market eventually catches on and then prices equilibrate. saying that there are no guaranteed 20% returns does not mean that with hard work and good strategy there are not 20% returns to be made on some arbitrary amount of principal at any given time.
put another way, its easy to earn 20% on a dollar. its hard to earn 20% on a billion dollars.
3 replies →
Market makers/HFT firms can have astronomical returns, hundreds of percents is not uncommon depending on how capital intensive the strategies are. The returns don't compound since strategies in this space are usually very capital constrained.
1 reply →