Some Bets I’m Willing to Make
I care about long periods and large compounded returns over those periods. The odds are clearly in the investor’s favor when looking at those time scales.
I care about long periods and large compounded returns over those periods. The odds are clearly in the investor’s favor when looking at those time scales.
My thoughts on investing have shifted over the years. New ideas consistently challenge me and force me to question my assumptions. The biggest: is there skill in investing?
“If I compared 1000 401(k) maximizers against 1000 degenerate gamblers, which group would have a better financial outcomes?”
Their risk posture is key.