Every day I am left more and more convinced of "A Random Walk Down Wall Street"'s central thesis: successful investors just happened to catch a lucky break and called a sequence of coin flips correctly.
Lot of investing idols coming out with absolute dogshit takes recently, revealing (a) they don't know what they're talking about (b) they are just irredeemably awful people.https://twitter.com/Bonecondor/status/1363616232973426696 …
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Definitely an appealing idea! Slight refinement -- plenty of investors are genuinely skilled at one thing (e.g. merger arb, value investing) but then get too famous, develop a god complex and end up waaaay outside of their wheelhouse, where they revert to coin flips.
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Thanks. Twitter will use this to make your timeline better. UndoUndo
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true bravery comes from the octopus profile picture
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my real name account had like 150 followers, this is way more fun
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