4 ms·
This article helped me feel less out of the loop with what goes on on /r/wallstreetbets, but I would say it fell short of explaining how the market was "solved"
by ryan-duve 6y ago
This article helped me feel less out of the loop with what goes on on /r/wallstreetbets, but I would say it fell short of explaining how the market was "solved", or even proving that claim. I understand the bottom line says focusing on large companies can yield bigger profits than penny stocks, but I can't see how that is a "solution". The evidence does not seem comprehensive. Showing that Palantir was correctly analyzed early does not convince me there is a winning strategy. The same is true for screenshots of account balances.
Defining "success" by net gains over a reasonably long time, I think it is impossible to prove whether a fluid collective of forum posters have a "successful" strategy.