Ask HN: Do you invest in the stock market?

Post by [deleted] » Wed, Apr 04, 2012, 11:42 PM UTC

DanBC wrote: post #65

tomgallard wrote: post #15

Earlier quoted context omitted.

Tell that to Warren Buffet! Seriously though, of course the average investor cannot beat the market, it doesn't mean it isn't possible for an individual to do so, or that it is all down to chance. One approach is to focus on small companies. Most active funds will not invest here (it is not worth the time when they would only be able to invest a tiny fraction of their funds). As such these companies tend to be under-…

> or that it is all down to chance. No, it is all down to chance.

Post by UK-AL » Mon, Apr 09, 2012, 5:10 AM UTC

padobson wrote: post #31

I do not. I believe wholeheartedly in Mark Cuban's advice here: "The first step to getting rich is having cash available. You arent saving for retirement. You are saving for the moment you need cash. Buy and hold is a sucker’s game for you. This market is a perfect example. Right at the very moment when cash creates unbelievable opportunity, those who followed the buy and hold strategy have no cash." Emphasis mine. F…