LESSWRONG
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zm
2020
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Tips/tricks/notes on optimizing investments
Answer by zmNov 07, 202410

"Investment is essentially a game of compounding. The first rule is to avoid losses. Identify the world’s top four high-quality assets and diversify your investments among them. Exercise patience and wait for opportunities. Buy during times of market panic and downturns, then patiently wait. Sell when the market reaches a phase of extreme exuberance and bubbles. Longevity is key, as time is the fuel for the compounding game."

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Wei Dai's Shortform
zm2y30

Indeed, there is no need for sorrow, for by choosing to remain anonymous, you have done great things. The world owes you a Nobel Prize in Economics and a Turing Award. It is time for the world to seriously recognize your achievements and lead it towards a financial system without bubbles.

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