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JumpCrisscrosstoday at 2:33 PM2 repliesview on HN

Almost everyone chasing those returns would be better off investing in index funds.


Replies

aleph_minus_onetoday at 2:49 PM

Index funds give you something like the expected value over a huge class of possible investments.

What you aim for if you want to invest early is rather a probability distribution of

- get rich with a small (but nevertheless realistic) probability p

- get something between little, nothing, and loosing a little bit with probability 1-p

This is a very different offering than the profit probability distribution that index funds give you.

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jayd16today at 3:11 PM

Sure, you could take calculated risks for predictable returns over a long enough time scale.

Or you could take what's in the box!!

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