Concoda
Concoda
Sep 8, 2018 · 1 min read

Hi Andrew,

I agree with you that is impossible to predict the market 100% of he time, this article was more aimed at getting the average joe to understand how hard it actually is and how to grasp a basic understanding of what drives markets. I didn’t really mention anything in the article about participating in/beating the stock market just predicting it. I currently manage a long-short portfolio myself so I am aware of how difficult it is for the average joe to understand how to be profitable.

If anyone were to do anything after reading this their best bet to start is buying the S&P500 when leading indicators are trending upwards and vice versa which has been proven to make money more than 90% of the time. However like you said they can predict the market but cannot beat it.

    Concoda

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    Concoda

    Navigating markets, economics, and life. Developer. Portfolio Manager. Writer.