Comment by incognition
4 hours ago
exactly. If you're engaging in a market, realize that approximately 90% of active participants will lose money in an efficient market.
4 hours ago
exactly. If you're engaging in a market, realize that approximately 90% of active participants will lose money in an efficient market.
A strange game. The most likely winning move is... not to play.
It’s weird - my peers always say I’m stupid for not investing my idle money in the various (stock) markets and the gains they show seem to confirm that - but ITT the sentiment seems to be quite different.
To be honest i cant be bothered is the real reason I don’t play but maybe it’s the winning move?
Ponzi schemes can go up exponentially, until they're suddenly at zero.
Greetings professor Falken
I think the comment was to not play actively.
It's like arguing with God: he's got better info that you.
is 10% winner random or skill ?
Some random, some skill. The more people are following formulaic advice, the more opportunity there is to take their money with skill.