I have to say, investing beats trading

And if you bought SHIT instead of TSLA? C'mon, you can't say investing is better because I would have bought TSLA.

 

I bought bb back in 2007 and held it till it was down 90%. I was investing back then also. Never again

 

God, I remember the Blockbuster/Netflix buyout that never happened.

 

It is a nice return but how do you compare it to what a trader might have done moving in and out of that stock?

 

Depends on the perspective.



Yet, a small problem :

those who survived, were - gambling.

Big funds in 2010/2011 made 1% bets on Tesla.
(~$300 Mil)
Actually, even less.


Wouldn't they bet more if they knew, better ?

Conclusion :

Noone knew a damn thing. Nor the retailers. Neither funds. Only few exceptional people.

Now those people are being used as a ,,standart" that can be applied to everyone.

No. Doesn't work like that.

 

Since we are picking some hypothetical shitty investment examples, let’s compare to two real world shitty trading examples:

there are two guys on this site who declared personal bankruptcy after an overnight blow up. Both had traded for decades.

 

That just shows a lack of risk control.

 

Risk control is it - whether you are trader or investor.

 

76. Among Fitjung's sons | saw I well-stocked folds,--
Now bear they the beggar's staff;
Wealth is as swift | as a winking eye,
Of friends the falsest it is.


77. Cattle die, | and kinsmen die,
And so one dies one's self;
But a noble name | will never die,
If good renown one gets.

 

For myself at least, I have some cognitive dissonance about this. For my regular accounts, yeah, and arguably we are the ones who help squeeze any inefficiency out. But for my 401k, I find myself taking refuge in index funds.