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They could have bought VTI like the rest of us. If you want extraordinary returns, you need to take extraordinary risks.
by 8f2ab37a-ed6c 4y ago
They could have bought VTI like the rest of us. If you want extraordinary returns, you need to take extraordinary risks.
- swatcoder 4y ago“Risk vs reward” is a different model than the OP’s proposition that loss comes from wrong choices by investors. A risky bet that loses doesn’t mean the bettor did something wrong, and one that wins doesn’t mean the bettor did something right. They played odds against unknown factors and came out up or down. If the market is efficient at all, it’s in the aggregate, not on an individual basis. But for “amateur investors” enough loss may mean that they’re out of the game, which is different than for those who have the luxury of more capital. Personal outcomes for “amateur investors” are very much about luck, even when pursuing more ostensibly conservative strategies.
- DontchaKnowit 4y agoIdk man I dont get how this is different for retail vs pros. Its not like you have to have a certain amlunt of money to invest : we have nano options and fractional shares now. Theres no barrier to entry. E.g. you can run the same strategies as pros with the same risk of losing your bank roll. Having more money doesnt make it inherently less likely that youll lose all of it