I agree with your second point. As to my wording on your first point, I should explain a bit more.... "Easy" means that it's not technically hard to do. For in

I agree with your second point. As to my wording on your first point, I should explain a bit more.... "Easy" means that it's not technically hard to do. For instance, anyone who's lucky enough can win 30 times their money in roulette. It's "easy", but rare - only 2-3% of people do it. For contrast, "hard" to me would be something like trading gamma-delta option spreads. Technically, just about any investor do the former (although they'd have to be lucky), while few can do the latter. Final point - I consider being lucky consistently is damn near impossible (although statistically, I guess it happens to a few of the 8 billion people out there).