Nice write-up Giuliano. As usual we agree on this. Individual investors can find an edge over the market if they can avoid making predictable, irrational, and repeatable mistakes. These mistakes continue to plague retail investors and keep them making negligible returns. The ability to think differently is a huge edge, unfortunately most people don't understand how to leverage this edge, or don't possess the character traits to employ a strategy that uses this edge.
I'm glad you enjoyed the article! That's a great point Kyle, I completely agree. But I think most people don't actually realize their edge could come from thinking and, by missing that key piece of information, they are missing the whole thing.
It is not easy though, as you for sure and extensively know. Thinking requires time and a lot of dedication.
Nice write-up Giuliano. As usual we agree on this. Individual investors can find an edge over the market if they can avoid making predictable, irrational, and repeatable mistakes. These mistakes continue to plague retail investors and keep them making negligible returns. The ability to think differently is a huge edge, unfortunately most people don't understand how to leverage this edge, or don't possess the character traits to employ a strategy that uses this edge.
I'm glad you enjoyed the article! That's a great point Kyle, I completely agree. But I think most people don't actually realize their edge could come from thinking and, by missing that key piece of information, they are missing the whole thing.
It is not easy though, as you for sure and extensively know. Thinking requires time and a lot of dedication.