Luck vs Skill in Investing
Don’t be fooled by social media claims of massive returns in a day/month. In the short term, anyone can get lucky. It is only in repeated investments over the long term, that skill shines through. And less than 2% investors beat averages over a 10 year period, which tells you what % of “investors” try to ride their luck, and fail.
“Dumb Money and the Baffling Allure of Bad Investment Advice”
Retail investors are smart people who unfortunately behave in dumb, self-destructive ways. Their actions reflect overconfidence, financial ignorance and a wealth-reducing love of gambling
Options Trading: Weapon of Mass Destruction
Options Trading is Gambling. Unless you are a corporation or a highly trained professional trading options for hedging, there is no scenario in which money is made consistently with options.