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> The awesome thing about markets is that they separate the talkers from the doers, so go write another editorial if it makes you feel better. A bunch of kids i
by LittlePeter 6y ago
> The awesome thing about markets is that they separate the talkers from the doers, so go write another editorial if it makes you feel better. A bunch of kids in their 20's have made more money than this author will make in his whole life because they called it better than this "expert"
You can be an expert and still be poor. Your argument seems to imply if the author was an expert he would be filthy rich.
I am an expert on roulette. I know it is a losing proposition and I can give you the expected value of your bets. I choose not to play because of negative expected value. Yet there are kids in their 20's that have made fortune with roulette.
- anm89 6y agoInvesting in crypto on a short term basis is certainly roulette but over the long term it is not. Not more so than a stock at least.