3 ms·
I'll spare you the years of money + research, the majority of it all funnels back into "mean reversion" as the core operating principle. Ceteris paribus in ter
by kirse 5y ago
I'll spare you the years of money + research, the majority of it all funnels back into "mean reversion" as the core operating principle. Ceteris paribus in terms of information advantages of course.
You can get good at eeking out those advantages and exploiting them, but you're talking about making it your job to find financial "security holes" where the reward is printing cash. And there's a lot of really smart people spending a lot of time doing that. And you have to consistently find new holes as each one gets closed by market participants as you reveal your hand. And then you have to ask yourself if that's how you really want to contribute your time to the world.
If you don't think it's your calling, best to find products/companies you really believe in and make calculated risk-taking investments. As Carnegie would say "put all your eggs in one basket, and then watch that basket"