isn’t that like saying my $1 billion portfolio had a 3600% return because I invested $100 on a penny stock that went up 3600% and the rest of it was in cash.
Especially if they are buying puts on a regular basis and then cherry picking one particular period that paid off well.
It's like randomly picking a penny stock each year and then suddenly it's up 3600%. That's not some investing magic, it's just you doing the same thing and suddenly being right.
It's like randomly picking a penny stock each year and then suddenly it's up 3600%. That's not some investing magic, it's just you doing the same thing and suddenly being right.