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by andsoitis 979 days ago
because you can't know the future
3 comments

Every scientific endeavor is about predicting the future. Imagine your 3 closest friends wanted you to invest in your business. Could you predict which of them would likely do better than the others?
Trading isn't about knowing the future. It's about having a positive expected value.
Politically connected people can shape the future. Nancy Pelosi's stockpicking skills are legendary.
Not even close to being a single-party problem. I know it's almost Halloween but you can do better than jumping out from around the corner yelling "Nancy Pelosi!"

> https://www.nytimes.com/interactive/2022/09/13/us/politics/c...