Ett bra nyhetsbrev idag från Jared Dillian:
In games of skill and chance—like markets, poker, and even fishing—it helps to be really, really smart, and it helps to be really, really dumb. As for everyone in the middle, they know just enough to be dangerous.
Think about all the people who bought Tesla (TSLA), or bitcoin, or Shiba Inu—simply because it was going up. It’s going up, dummy! I can tell you that I’d have a much bigger bank account if I’d simply bought the stuff that was going up.