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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts
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To: roto who wrote (35958)9/5/2021 6:17:36 PM
From: Sun Tzu  Read Replies (1) of 97962
 
Do you know why everyone can do well by just buying the brodest index but 90% of the people fail in beating the index no matter how smart their idea is or how hard they try? It's because the people on the other side of the trade are also thinking complete human beings and are not missing any body parts. So you either have to be a damn genius in strategy, execution, *and* have better info, or you are better off not playing it smart.

Well, this fact remains true in all human affairs. While a person may be smarter than most, very few people or even groups of people are smarter than the masses. And even if they manage to pull it off once or twice, over the long term most smart strategies lose.

Trying to be "smart" is why the US foreign policy has been such a failure with so much blowback. So I truly hope that Biden has not been trying to play it smart and it's just been a dumb mistake.
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