Replying to @⁨db2@lemmy.world⁩

In the same vein, this is partly why I’ve never understood the mindset of individual investors. Like, it’s extremely arrogant to seriously believe that you have an edge over highly resourced institutions and billionaire investors who can afford the best analysts and mathematical models on top of their market influence. I can assure you that whatever strategy you have, theirs is better, and they don’t have to play by the same rules. What can you hope to bring to the table when you’re swimming with these sharks?

Replying to @⁨henfredemars@infosec.pub⁩

Movies like the Big Short, Margin Call, shows like Billions, or whatever the inheritance show was, make people think they can be the ones smarter.

However, most individual investors aren’t usually of the arrogance that they’ll do better than the billionaires and hedge funds just of the arrogance they can still get more scraps than others and won’t get eaten themselves.