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its-kostya 2 hours ago

It is not my intention to offend anyone in particular, but that sell-off has really colored my perception that investors are such _sheep_ when it comes to AI. Serious FOMOs. Not a shred of independent, nuanced, or critical thinking; just black or white opinions.

duxup 2 hours ago | parent [-]

How many people are actually capable of producing any level of critical thinking that would give them an advantage?

But let’s say you are in fact very smart and you know the market is hanging by a thread.

So you invest according to what you know…. But those sheep don’t do the same and the market continues to go up in spite of what you know….

Does that analysis matter now?

its-kostya 14 minutes ago | parent [-]

> How many people are actually capable of producing any level of critical thinking that would give them an advantage?

You're right on the money there, the thing is _nobody_ can beat the market, you can only get lucky or have insider knowledge. A strategy that always works is "Buy and hold" and especially diversify when things are volatile. Instead we see volumnes of cash moving in waves at any news or rumor.