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That sounds very misleading, not just sort of. isn’t that like saying my $1 billion portfolio had a 3600% return because I invested $100 on a penny stock that
by AznHisoka 6y ago
That sounds very misleading, not just sort of.
isn’t that like saying my $1 billion portfolio had a 3600% return because I invested $100 on a penny stock that went up 3600% and the rest of it was in cash.
- refurb 6y agoEspecially if they are buying puts on a regular basis and then cherry picking one particular period that paid off well. It's like randomly picking a penny stock each year and then suddenly it's up 3600%. That's not some investing magic, it's just you doing the same thing and suddenly being right.
- danharaj 6y ago> it's just you doing the same thing and suddenly being right. That's the whole premise, that inevitably they will be right.