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Do you have other investments you hold that you feel comfortable sharing?
by fedeb95 4y ago
Do you have other investments you hold that you feel comfortable sharing?
- smt88 4y agoIndex funds, certain types of bonds Picking stocks is literally gambling. Stock prices are a random walk. People csn downvote me if they want to, but they can't change math.
- fedeb95 4y agoI'm not downvoting you for sure, given I share your sentiment. However some stocks may exhibit some persistence (as in Hurst exponent > 0.5) so some gambles may be worth taking, in the right proportions (very small). I am also wary of index funds, they share the same likelihood of blowing up as stocks. I like the reasoning of Nassim Nicholas Taleb that sums up to adopting a convex portfolio (barbell strategy) with a lot of sure money that sits there (inflation hedged) and some small bets with high potential returns. Some single stocks may be featured in my bets.