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rufus1

Re:Trading Is Hazardous to Your Wealth [pdf] (2000) on Thursday May 14, 2020 @10:45PM (#23188293)
The best comparison anyone's made here is competitive sports. Most traders are doing the skill equivalent of shooting free throws in their yard; this doesn't mean there are not professional NBA players.
Re:Trading Is Hazardous to Your Wealth [pdf] (2000) on Thursday May 14, 2020 @10:43PM (#23188282)
Only a small number of people are really good at any given thing, funny how people just forget this when a specific industry is being scrutinized.
Re:Trading Is Hazardous to Your Wealth [pdf] (2000) on Thursday May 14, 2020 @10:41PM (#23188270)
The more access the average joe has to the market the more seemingly plausible the idea that it's "impossible" to beat the market. No, it's just really hard. Just because most sculptures are statistically made with playdough doesn't mean it's impossible to create a great sculpture.
more like economic insecurity combined with moral decrepitude. reduce everything to economic insecurity and you're not left with much
it's easy to signal by saying this but how many men who say this would actually want their sister / mom / daughter participating in any sort of sex work? it's both the oldest job and the oldest taboo for a reason