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> When one can do it consistently for twenty years, is it still luck? If you take a few million people and have them invest in put or call options every year,
by jldugger 7y ago
> When one can do it consistently for twenty years, is it still luck?
If you take a few million people and have them invest in put or call options every year, you're still going to have some streaky winners after 20 years. Very few individual investors I have talked to have convinced me they are even tracking results well enough to back their claims of outperformance.