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> I worry that many of the people who made good money from those investments will now believe that they have some superior understanding that lets them consiste
by adamsmith143 5y ago
> I worry that many of the people who made good money from those investments will now believe that they have some superior understanding that lets them consistently beat the market
This x1000 I've seen plenty of friends of friends who probably had issues passing HS Algebra thinking they're "Daytraders" because they made some money off BTC or GME in the past few years and I just cringe so hard. My index funds consistently return ~20% a year lately. If you aren't even matching that you aren't a trader you're a sucker.