Most investors (including the algorithm programmers of the automated trading, many of whom are theoretical physicists looking for $$$) program their emotional bias into the trades and fall into a combination of two major investing styles: Warren Buffet (man is rational, long play, shoot for stability) or George Soros (man is emotional, fast acting, shoot for instabilities) Both have published EXTENSIVELY on their investment strategies and each have millions of investors copying their own variations and mixes of investing styles. You’ll do well with either approach. I like Buffet but as I know a lot of investors are Soros-ish, I watch for them and go contrary. [contrarian]. I haven’t invested in a long time but it’s a lot of fun. I did well – it was during the dot com bust. I mean… I got a house. :)

Most investors (including the algorithm programmers of the automated trading, many of whom are theoretical physicists looking for $$$) program their emotional bias into the trades and fall into a combination of two major investing styles:

Warren Buffet (man is rational, long play, shoot for stability)
or
George Soros (man is emotional, fast acting, shoot for instabilities)

Both have published EXTENSIVELY on their investment strategies and each have millions of investors copying their own variations and mixes of investing styles.

You’ll do well with either approach. I like Buffet but as I know a lot of investors are Soros-ish, I watch for them and go contrary. [contrarian].

I haven’t invested in a long time but it’s a lot of fun. I did well – it was during the dot com bust.

I mean… I got a house. :)

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Thanks. it’s not done yet – still bank owned – but it gave me the necessary leverage to be able to run a micro biz from home with family as subcontractors, making just enough to cover things.

It’s a struggle but it’s less of a struggle than it might have been.

====

So, it’s still a liability :) But it’s a liability I want.

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https://www.amazon.com/Dow-36-000-Strategy…/dp/0609806998 This was the late 90s comedy. I felt bad for those that believed this junk at the time.

1999.

What you’ve heard from 2017- were from folks whose worlds began with Trump-as-Savior and know nothing from before. I feel bad for them too.

2019.

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Dry read except for weirdos like me.
“This Time Is Different Eight Centuries of Financial Folly
Carmen M. Reinhart & Kenneth S. Rogoff”
 
I skimmed but it’s solid. Stupid repeats a lot.
 
https://press.princeton.edu/titles/8973.html
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