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Comment by The_Colonel

2 months ago

Indeed, most frustrating is when someone (stupid) is proven right, even though they used completely wrong reasoning (in spirit of Gettier problem).

There’s a common saying in the investing world that applies here: “confusing strategy with outcome.” The outcome may be good, as it was in this case, even though the strategy was terrible. But most people get them confused and think it’s the strategy (going all in on bitcoin or TSLA options or whatever) that was good and won them their riches.