I have to say, investing beats trading

[misterkel]

Edit: Looks like this is actually a fake post. Nevertheless Tesla was around $3.5 early 2010 July. So had you bought then and would have held it until now, that would beat most traders' cumulative return easily.

https://www.reddit.com/r/path%3D%252Fr%252Fwallstreetbets%252Fcomments%252Fkt8hng%252F

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

 

[vincentnyc]

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

 

[matrik]

It was balanced with longs positions in BBI (Blockbuster Video), IPET (Pets.com), WAMU, and KMRT. I like the diversification having some tech, finance, and retail provides in my account. I don't even mind missing by paper statements from Lehman. I'm sure they email them to me but I don't even check. Have to all be doing well with the set it and forget it passive style I like. ----- now that might be too much. lol

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

 

[deaddog]

Edit: Looks like this is actually a fake post. Nevertheless Tesla was around $3.5 early 2010 July. So had you bought then and would have held it until now, that would beat most traders' cumulative return easily.

https://www.reddit.com/r/path%3D%252Fr%252Fwallstreetbets%252Fcomments%252Fkt8hng%252F

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?

 

[Nobert]

,,Tesla, Bitcoin & Survivorship Bias"

Good title for the book.

But the people that did not survive are not worth listening to.

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.

 

[newwurldmn]

When the market is sooo bullish, and bitcoin keeps on breaking new high,
millions of people would say
investing beats trading.


But people forget about the Financial Crisis in 2008.
Imagined you invested heavily in Lehman Brothers at $70.
Where is the $$$ now?!?!?

Or you invested in Barrings Bank, UK which was a very established rock
solid merchant bank.
Where is the $$$ now?!?!?

Or you invested in GE XOP XOM XXX .... many many years ago.
How much $$$$ left ?!?!?!


Personally, I'd say
trading beats investing.

investing or trading is not for anyone.
choose one of them, and be very good at it.

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.

 

[deaddog]

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.

 

[SunTrader]

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

 

[Heydrrich]

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.

 

[Spaghetti Code]

As traders and active investors we don’t believe in efficient markets.

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.