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A comment on Silicon Valley's obscure unicorns could boost 2017 IPO market. Parent comment

Re:Silicon Valley's obscure unicorns could boost 2017 IPO ma... by wtvanhest on Saturday December 31, 2016 @05:03PM (#13293432)
I wish there was a way to help people understand how bad market timing is. No amount of explaining will help.
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Re:Silicon Valley's obscure unicorns could boost 2017 IPO ma... by kspaans on Saturday December 31, 2016 @09:11PM (#13294339)
There is! :D

http://qz.com/487013/this-game-will-show-you-just-how-foolis...

It starts at a random point in the stock market over the last 10 years or so, and you get to sell once and buy once. I tried 3 or 4 times when I first found it and only beat the market once.

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Re:Silicon Valley's obscure unicorns could boost 2017 IPO ma... by sfifs on Sunday January 01, 2017 @11:01AM (#13296111)
I did this as a Monte Carlo simulation on the Indian stock market and concluded actively managed funds and systematic investment plans are basically fleecing investors.

I subsequently only do passive index funds or buy options if I want to take a risk

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