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You can put your money on that, but you would pretty consistently, it turns out, be wrong. Which you would know if you had read the OP. Profiting off of other
by roguecoder 7y ago
You can put your money on that, but you would pretty consistently, it turns out, be wrong. Which you would know if you had read the OP.
Profiting off of other people's tendency to trade too much and too confidently is some of the surest money in the market, because regardless of evidence people want to believe that they can positively effect the outcome. Nest eggs are more like soufflés than caramels.
- DennisP 7y agoPublished academic studies on the size factor go back decades. I'm not ready to consider them refuted because someone on reddit says he google searched papers from the last eight years and found them lacking, especially since he doesn't specifically claim to debunk any of the major factors, and the momentum factor he even confirms.
- ddxxdd 7y ago>Profiting off of other people's tendency to trade too much and too confidently is some of the surest money in the market This proves my point; this statement is counter to the efficient market hypothesis, and it shouldn't be too difficult to algorithmically find trigger events that cause people to trade too much and too confidently.