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> This being a zero-sum game doesn’t matter, if you have either an edge or are simply lucky Picking stocks is basically "I'm feeling lucky". People do win the
by gopalv 6y ago
> This being a zero-sum game doesn’t matter, if you have either an edge or are simply lucky
Picking stocks is basically "I'm feeling lucky".
People do win the lottery and not buying a ticket prevents you from ever winning it.
The upside definitely exists, but you get emotionally invested rather than financially.
Picking stocks is good for your sense of agency in investment & feeling connected to the results of your actions - the emotional part of that shouldn't be ignored.
Trading stocks at that risk level is very much a tribal gladiatorial feeling, rather than actual financial sense.
We're actually seeing that in action recently - poor financial sense, massive entertainment value.