2irons comments on Twenty basic rules for intelligent money management - Less Wrong

32 Post author: James_Miller 19 March 2015 05:57PM

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

Comments (51)

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

Comment author: 2irons 27 March 2015 04:05:00PM 0 points [-]

I think you can win using this strategy - but it requires a lot of patience. Certainly years - with the possibility of decades. You'd have to be sure of your strategy and sure of your belief in your strategy, changing tact when offside is the worst thing you can do if you are playing a deep value game.

It remains a winning strategy because of that cost.