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A comment on Ask HN: Have any of you had success trading the stock market?.

Re:Ask HN: Have any of you had success trading the stock mar... by paulpauper on Saturday June 24, 2023 @11:21PM (#36464884)
a portfolio split among six FANG stocks, those being Apple, Meta, Tesla, Microsoft, Amazon, Google, and then with 50 percent leverage on the positions (which is mathematically close to optimal), pretty much destroys anything else, 40 percent annual returns since 2014. this is as good as the Renaissance Technologies Medallion fund after fees. https://www.portfoliovisualizer.com/backtest-portfolio?s=y&t...

running this now . FBL, which is a 1.5x leveraged version of facebook/meta, has done really well.

[ Parent | on HN ]
Re:Ask HN: Have any of you had success trading the stock mar... by maxilevi on Sunday June 25, 2023 @06:11AM (#36466605)
Unless you get an extended tech downturn and you lose 10 years of gains
[ Parent | on HN ]
Re:Ask HN: Have any of you had success trading the stock mar... by paulpauper on Sunday June 25, 2023 @01:19PM (#36470539)
people have been making that argument or warning for a long time, yet I am up 11x (1000 percent ) overall on my accounts since 2014 thanks to leveraged funds, big tech. good thing i ignored those people
[ Parent | on HN ]