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Fair enough, but I find every few people (including myself at times) who have money table for short term results are able to separate themselves from their positions and be totaly objective, if you can do that then hats off.
After too many years as an investor I have tried things that ‘should’ work and do work…until they don’t. The deeply analytic approaches are all fundamentally schochastic, so use historical patterns to forecast the future. Highly capable people have made fortunes, and many of the same people have lost them.
HODL at it is. Now called also works, and with enough diligence does so long term. Still, there are limits to that too, recognizing when fundamentals change is a critical component of this one.
On this thread we have a soupçon of all available approaches with reporting biased towards reporting success rather than failure.
I continue to learn from the thread. I miss quite a number of formerly prolific posters from whom I learned important things. I won’t list them all. We do need more seriously analytic perspective, more people well-versed in The Scientific Method, which is described cryptically by Mr Musk as First Principles.
Were we to have more serious analytics we might have:
1. More of the solid scientific education that enables understanding of such things as the Octovalve (it took an expert in fluid dynamics at Lawrence Livermore to explain that one correctly), an Inconel alloy from SpaceX that enabled Ludicrous ( took a metallurgist to explain that one in clear terms) , The GigaPress, practical use of which required several arcane specialties combined. And so on….
Not too long ago we had genuine expertise on these subjects and many more. Much of that has drifted elsewhere as we have here gradually drifted into populist ideology, speculations not based on fact and regular mod intervention due to such digressions.
Every one of us should know that there is widespread use of generative AI tools and highly capable FUD generated to help suppress critical thinking. All of us should be trying to better infirm ourselves of those risks.
We desperately need more well informed critical opinion that helps us inform our own views.
Whether Bull or Bear, superficiality is the enemy of knowledge. Diligent study and analysis leads to better decisions, including identifying what some investors call ‘trigger points’ which are specific events that generate immediate deeper review and analysis of historical metrics use to justify actions.
Here, we can all benefit when we retain such rigorous standards. When we ignore them we are just gambling without the benefit of ‘house’ information.
. What they do want you to do is buy high and sell low. That's how they make money on the churn, and that's why they will let it go back up once they filled their boots.
, then what the duck?
