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Dan McMurtrie — On Markets and Policy (EP.115)

Infinite Loops

00:00

You Never Hear Negative Back Test Statement

i'm a big he strong opinions, weakly held type of guy. It's because i could love stock to day, i could think it's the best thing since sliced bread,. And then you ask me, hey, what about this stock? An i'll be like, i've never heard of that stock. I don't really buy into that as a thesis at all. People always talk about the markets being competitive, or the markets being efficient. I think that you beat you 99 plus % of time. Almost every time we've gotten hit pretty hard, we knew what the cards were and we made a behavioral mistake. We're being very, very honest with ourselves.

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