Re:2016. The year we welcome squirrels – Unicorn Bubble
by usrusr on Sunday January 17, 2016 @10:54AM
(#10919804)
> Many otherwise very successful traders have lost a lot of money on false positives.
I think you are confusing false positives for "this is a bubble" and false positives for "this bubble is about to burst".
Or maybe it's just a very radical definition of "losing money": is it really lost money when an investor leaves an already successful investment before it is getting even more successful? Sure, you could argue that the lost opportunity is a cost, when the replacement investment is less successful than the continuation of the previous one would have been, but if you follow that path some more then you will see that any investment is a massive loss, compared to the benchmark of buying winning lottery tickets every week.
I think you are confusing false positives for "this is a bubble" and false positives for "this bubble is about to burst".
Or maybe it's just a very radical definition of "losing money": is it really lost money when an investor leaves an already successful investment before it is getting even more successful? Sure, you could argue that the lost opportunity is a cost, when the replacement investment is less successful than the continuation of the previous one would have been, but if you follow that path some more then you will see that any investment is a massive loss, compared to the benchmark of buying winning lottery tickets every week.