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Correct, but I dont think that they really understand the fundamentals. Or like be able to answer the question "what are the odds of the industry moving away fr
by adamnemecek 9y ago
Correct, but I dont think that they really understand the fundamentals. Or like be able to answer the question "what are the odds of the industry moving away from nvidia to someone else"?
- maksimum 9y ago> I dont think that they really understand the fundamentals (A) the fact that the analyst you're talking about is paid for their opinions and you're (most likely) not, means that with high probability you're wrong. (B) what's the utility of assuming other professionals are dumb, and building an investment strategy that will work against dumb professionals?
- adamnemecek 9y agoI, as an investor, am paid for my position.