> For example, “You can’t beat the market, dollar-cost average into index funds!” is the kind of viral story that will earn you nods of approval from millennials and upvotes on Reddit.
>Pattern matching, on the other hand, can drive you to make moves like an advanced chess engine. Moves that others find alien and incomprehensible.
Wow, this guy has found a way to consistently beat the market, he must be a billionaire at this point surely?
Made enough money to fund myself starting a company (Spellbook). Did an average of 40%/year over 8 years. However my active fund only started at 5% of my portfolio, now it's 95%+.
I think people underestimate how much easier it is to win when you're dealing with smaller amounts vs. being a billion dollar fund.
>Pattern matching, on the other hand, can drive you to make moves like an advanced chess engine. Moves that others find alien and incomprehensible.
Wow, this guy has found a way to consistently beat the market, he must be a billionaire at this point surely?