There are fifty different ways to make and lose money in the markets. We keep looking for the best strategies of the lot and keep switching from one strategy to the next. We go from one book to another, one workshop to another and one webinar to another in search of that one strategy that will be their money making machine. When the said strategy stops working as well as it did - because the underlying market structure changed - the search for the next strategy begins. Call it the hedonic treadmill of strategy.
Thanks. "His edge has been largely behavioral and my description of hardheaded was an understatement. Perhaps the most undervalued attribute for humans is dogged, obsessive, boring, discipline: in more than two decades, I never saw him once deviate a micro-inch from a given protocol"....Taleb on Mark Spitznagel
Thanks. "His edge has been largely behavioral and my description of hardheaded was an understatement. Perhaps the most undervalued attribute for humans is dogged, obsessive, boring, discipline: in more than two decades, I never saw him once deviate a micro-inch from a given protocol"....Taleb on Mark Spitznagel