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There's always a third choice: - Do nothing on most days, hold cash, earn a little interest, maybe play bridge to keep yourself entertained, and bet big only w
by cs702 3y ago
There's always a third choice:
- Do nothing on most days, hold cash, earn a little interest, maybe play bridge to keep yourself entertained, and bet big only when you're sure you'll win big.
Call it the Buffett approach. The main downside to it is that on most days you have nothing to do.
- m3kw9 3y agoYeah it’s called if you don’t have a strong view, you are just gambling. Bet big when you see it, but this takes experience as sometimes you think you see it but it’s really noise, or you have 5 big blind spots you didn’t consider