What Is the Base Rate?

Risk is the gap between what investors think they know and hat they end up learning about their investments, about the financial markets and about themselves. The best way to minimize that risk is not to be over confident about the state of your own knowledge. So as an investor, you're thinking about an ip oi, of letting somebody tell you it's the next google,. You have to ask yourself, what’s the average of experience of peoplewhave bought ip os? And the answer is, it's rotten. Pretty dismal. It's terrible.