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Smart Money: If you don't know who the patsy is, you're the patsy

Many Happy Returns

CHAPTER

The Way to Win as a Retail Investor

It's clear that these rich institutions and hedge funds whatever, like you said at the start, are going to be able to afford to buy bespoke information. But they're ultimately going to be drowning in all this data so how do you figure out what is predictive when it comes to markets? It's certainly not the research you get from investment banks. The reason why I focus on what works which is not to play the game their way - playing for the long term is probably the way to win as a retail investor.

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