News for hackers. Stuff that matters.
Re:Learnings from the 2008 Great Recession by nsai on Sunday September 15, 2019 @12:20PM (#20977907)
Never trust rating agencies,also it helps to have a ground level understanding of your investments before you make a decision. To quote "truth is like poetry, and most people hate poetry" - big short, 2015
Re:Learnings from the 2008 Great Recession by rayshan on Sunday September 15, 2019 @04:26PM (#20979300)
Agreed but what's the best way for a main street investor with a full time job and families to research? Ratings distill research down into a single number. Super efficient when they work.
Re:Learnings from the 2008 Great Recession by nsai on Tuesday September 17, 2019 @04:06AM (#20992786)
I'd say carry on your investment study in increments, over the years you'd research in far more depth in fraction of the time you would initially.
Re:Learnings from the 2008 Great Recession by rayshan on Tuesday September 17, 2019 @02:11PM (#20998316)
There's something to your idea of breaking this complicated problem in smaller chunks and tackling it over time. Would you like to write about this together?