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by sharts 214 days ago
Just invest in a reasonably diverse index fund ( or a few). This is actually the optimal drama free way to go for most.

In the long run nobody out performs consistently anyway. We all get hit due to market events.

You may be giving CEOs much more credit than is due. And for all that they actually do, the outperformer is a rarity not the norm.

LLM could certainly fit this. Particularly when trained with all the MBA nonsense education in the world. It wouldn’t be the end of the world and it wouldn’t be substantially better/worse. But it would be cheaper.

1 comments

I'm sorry, I must be missing something. Which companies make up the index funds if (most) CEOs liquidated their companies and invested in index funds? And how would they liquidate at anything close to their valuation without being priced based on their future expectations?
I don’t think they meant it literally. They were responding to the comment that their job was “like” managing a portfolio of investments. And in that respect the strategy of diversifying “like” with an index fund seemingly appealed to the commenter.