Jayson_Virissimo comments on Gauging of interest: LW stock picking? - Less Wrong

7 Post author: simplicio 01 January 2013 06:36AM

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Comment author: Jayson_Virissimo 01 January 2013 08:20:35AM 11 points [-]

I've only met a few professional stock-traders, but of the two that I asked, both were aware of the heuristics and bias literature.

Comment author: AlexMennen 01 January 2013 09:28:02AM 18 points [-]

That's not surprising.

I'm fairly skeptical whenever someone says "Even though there is no evidence that anyone has ever been able to reliably do <difficult task X>, I might be able to do it because I understand <publicly available information Y>", including for X = "beating the stock market without inside information" and Y = "heuristics and biases literature".

Comment author: Jayson_Virissimo 01 January 2013 01:12:13PM 6 points [-]

That's not surprising.

It was to me. BTW, by "were aware of", I mean "had heard of".