They get retroactively anointed 'good investors' due to survivor bias.
And then out of the thousands of traits present in these investors, the 5 that this selected group happen to share, and seems quite logical, at times seem insightful, will end up in a blog.
What Do the Best Investors Do That the Rest Don’t?
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It is not too different from the "Billionaires do these 10 things every day. Do them and you too will be a billionaire."
Re: What Do the Best Investors Do That the Rest Don’t?
#62Earlier quoted context omitted.
On that note, what’s the easiest way to build a personal trading bot? Something in a simple language, that I can still nacktest perhaps stock and options.
There isn’t - you are competing against big bank trading bots in a world where the best bots win.
Nah. If you have a bot that invests 10K, and has a reaction time of a minute, and invests in 10-100 equities with, say a couple of months each time, then you are in a completely different world than big bank bots. Its like Warren said, its easy to invest a million.
Re: What Do the Best Investors Do That the Rest Don’t?
#63Earlier quoted context omitted.
There isn’t - you are competing against big bank trading bots in a world where the best bots win.
Nah. If you have a bot that invests 10K, and has a reaction time of a minute, and invests in 10-100 equities with, say a couple of months each time, then you are in a completely different world than big bank bots. Its like Warren said, its easy to invest a million.
It's easy to invest a million in some index fund, but it's not easy to beat the market.