Re:The Impact of Index Investing: A Follow-Up
by briHass on Wednesday May 04, 2016 @01:08PM
(#11629776)
Right, you just buy low, and sell high. It's so simple, I don't know why everyone doesn't do it. In reality, there's nothing statistically inconsistent with a 5 sigma outlier like Buffett.
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Re:The Impact of Index Investing: A Follow-Up
by cpncrunch on Wednesday May 04, 2016 @07:21PM
(#11632776)
I'm not sure what your point is. Yes, it is as simple as buy low, and Buffett is saying the same thing. The main point is that most people aren't smart or confident enough to be able to [a] determine which stocks are undervalued and [b] buck the herd instinct.