At some point you're just learning these obscure, tiny edges that only other top players are thinking about. And since I didn't want to play against them there's really nothing to learn. At that point it's just a pure grind.
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Replying to @orrdavid
Word. Trading time for money, not compounding knowledge like investing.
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Replying to @Molson_Hart
I doubt investing ever gets boring. It's super interesting and fun learning about new things all the time. And it compounds like you say. Know enough about oil and you notice details other people don't, for example. Is ecommerce like that still?
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Replying to @orrdavid
Being a business operator is, but e-commerce is a lot like you described high-level poker had become, a lot of grinding with learning concentrated in esoteric specialization. This hack to improve search ranking on Amazon. This new FedEx program, etc.
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Replying to @Molson_Hart @orrdavid
Also, like online poker over the past decade, e-com is getting squeezed!
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Replying to @Molson_Hart
I considered getting into that but picked investing because I anticipated those problems. Plus, when I started with investing I could just do it 14 hours a day and it didn't even feel like work. Making games on Unity was the other candidate, another biz that scales.
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Replying to @Molson_Hart
Poker partnership ended in Aug 2016. Wow a long time ago. We quit because games were tougher with game theory bots. I played a little for a while after that but it was very boring alone. I began seriously studying the markets in 2017 and individual companies in April 2018.
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Replying to @Molson_Hart
One of my partners did that, and I knew guys that would teach me. There are lots of these guys in Thailand. I looked at it briefly but couldn't understand it. Interestingly, I think I'd get it a lot better after studying successful companies though.
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I know a bunch of guys in ecom in chiang mai
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Replying to @Molson_Hart
Have you ever traveled out here? Could be a fun to meet up with some of them.
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Replying to @orrdavid
Been to Vietnam and it was cool. Never been to Chiang Mai or Thailand, but would like to visit.
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