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Unless you are a PhD in finance working at one of a handful of the world’s top money managers, I guarantee that what you confidently refer to as your “edge” is
by darkteflon 7y ago
Unless you are a PhD in finance working at one of a handful of the world’s top money managers, I guarantee that what you confidently refer to as your “edge” is gonna end up poking you in the eye. Age and experience will teach you that if you let it.
- o-__-o 7y agoOr maybe age and experience has seen this before and went balls deep in ITM calls after the market washed out 100+ points. I mean if you reread what I said, it’s spot on to what happened over the last few days But keep thinking a paper giving you a title with some mixed case letters makes you a top money manager and that no one could have possibly avoided a 40% loss during 2008 Also an edge can simply be moving averages which has a proven backtest but there are a lot more analytical tools that exist today