Quote:
Originally Posted by Peter_Spaeth
Yeah thus my thoughts on (e.g.) Jose Ramirez, less of an upside than some kid still not shaving whose autograph Bowman is already worth 5K, but less of a risk because he has proven he can play, and play well.
Sure, people do get very lucky, but it's only with hindsight that it looks like an obvious move. For example, as a Sox fan, I had a hunch Mookie was due to have a breakout year. And of course had I bought a ton of his cards at the beginning of the year I'd have made a big profit as his best cards have really climbed. But ex ante, was it a good risk? I easily could have felt the same way about Carlos Correa, who is mired in a massive slump.
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Peter,
You have a retirement investor mindset in a day trader world. So do I, which is why I couldn't play this game.
Even a few months in a season is a relatively long time for these traders.
It's not so much that those successful in this know much more than others, it's just that when there is movement, they move (more) quickly (than others).