Today's Market 4/11-17

PURU claims to be a long term investor but his average holding period is only a few years.

Reading his tweet… sound good but… another one of those… tell him I hold AAPL for 25 years! No hedging! Didn’t try to be a smart ass doing fundamental analysis or analyzing macro conditions or doing any technical analysis. Only one criteria… invest in the smartest person in town then… late SJ is the smartest then, period.

He started investing since late 1990s yet didn’t own AAPL and AMZN? You can ignore him now.

I have CRWD DOCU PLTR SE SKLZ SNOW TWLO… hope he didn’t jink them.

Well, at least he knew TA is superior over FA…

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and knew that the best investment book is by Phil Fisher :slight_smile:

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And I doubt he understands how to use RSI! For his testing, I wonder whether he merely use overbought and oversold or use divergence. And for divergence, there is a lot more story than meet the eyes! Tricks of the trade, I don’t think he knows. Did he use moving average? Jim Simmons turned few hundred dollars to few hundred millions using moving average, yes, moving averages! Hence I believe even if he did test moving average, my bet is his algorithm for testing is WRONG.

@manch

Do you know which founder-led company of market cap less than $50B is the smartest of them all? This info is worth millions :wink: