alt Hacker NewsI've been trying to read more about investing properly recently and this is such an annoying characteristic of most advice you read. Sometimes it's also "well, economic theory says this, and that doesn't follow the behavior of these markets, so decide for yourself".
Replies
NoboruWataya • yesterday at 6:00 PM
What else would you expect? If the person writing the advice knew how to reliably beat the market they would be doing that, not writing financial advice.
kingkawn • yesterday at 4:59 PM
what unsupported gut-feeling conclusion would you prefer they reach for you?
➕ show 1 reply
I feel like we do generally brush, a little too easily, over the fact that economics is still a theoretical science, of which finance is subsequently the practical and technical implementation. Much like psychology, sometimes we turn out to be right about theories, sometimes we're not.