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Ok, so he did well for a few years in a bull market. anyone can make money in a bull market. You just buy on hype and sell on higher hype. It’s called momentum
by jdmoreira 6y ago
Ok, so he did well for a few years in a bull market.
anyone can make money in a bull market. You just buy on hype and sell on higher hype. It’s called momentum trading.
Call me when he beat the market for 40 years and I'll be impressed.
- vasco 6y agoAnd in the game where "anyone could make money", they did the most of all the funds that were assessed. If that doesn't count for something, what does?
- jdmoreira 6y agoA lot of people made a lot of money just before the dot-com boom... And then they lost it all. It’s trivial to make a lot of money short-term and he was just the best at it. Now if he is still having 200% returns after a full-cycle, now that’s impressive.