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Yes some people might do it by chance. Some other people, they do it by knowledge.
by Findeton 2y ago
Yes some people might do it by chance. Some other people, they do it by knowledge.
- sdenton4 2y agoFind me the one who knows they got there by chance alone... It's very easy to create a narrative around random movements. I expect that anyone who is ahead of the market creates such a narrative, and declare themselves a genius. And then half of the geniuses underperform each year, same as every year...
- p_j_w 2y agoHow do you tell one from the other?
- Findeton 2y agoYou learn enough about value investing to know who is actually following that framework and then you just hope it works. Note: it works.