“Why am I the marginal buyer?” is a very useful lens on a lot of things that aren’t strictly speaking finance.https://twitter.com/zebulgar/status/1258224414664974337 …
-
-
(You don’t have to be overwhelming on both of those. A small advantage consistently or a large advantage on the right decisions likely suffices.)
Show this threadThanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
This reminds me of “effective property” as referred to by Wendell Berry. Actual control over a benefit-producing, smaller asset vs a tiny share of a huge asset you’ll never have any control over. Great essay, shifted my thinking considerably.
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
A question I struggle with is : "Am I hitting a local maxima by avoiding bets where I'm at a disadvantage?" Thoughts?
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
the
@EdwardOThorp lifestyleThanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
Does putting your life savings in index funds violate this guideline? are your savings so invested?
-
To clarify, I would imagine that savings would represent majority of dollar value bet over lifetime
End of conversation
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.