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Did you do a ton of research to make those picks? These days I just do broad market ETFs, don't trust myself to beat the market.
by littlexsparkee 6mo ago
Did you do a ton of research to make those picks? These days I just do broad market ETFs, don't trust myself to beat the market.
- madaxe_again 6mo agoNope. I just think about the probable shape of the future, and who benefits. I stick with the fields I know and understand - tech, engineering, sciences - don’t go for long bets so much as “if this relatively predictable set of circumstances arises, who will inevitably benefit”. For example, in 2017 I was keeping abreast with ML research, and realised that within a decade this stuff was going to be huge - so I bought Nvidia and their supply chain and sat on it. Also Tesla as I figured as if I saw them as an adjacent incumbent beneficiary of an AI boom, then others would, too. I’ve followed that chain of logic through - caught the nuclear renaissance in its entirety, as well as predictable resource squeezes. So - that’s just one of my trees of bets - but my whole thesis is “predict a future, model out what that looks like, place bets accordingly”.