jobe_smith comments on AALWA: Ask any LessWronger anything - Less Wrong

28 Post author: Will_Newsome 12 January 2014 02:18AM

You are viewing a comment permalink. View the original post to see all comments and the full post content.

Comments (611)

You are viewing a single comment's thread. Show more comments above.

Comment author: jobe_smith 12 February 2014 08:12:06PM 0 points [-]

I think you are correct about what prop trading firms do, but I am not so pessimistic about the prognosis for retail investors. I don't think retail investors can compete with professional prop traders at what they do, but I think that they can do better than just sticking their money in index funds, at least on a risk adjusted basis.