Comment by zm (unicode-YXam) on Tips/tricks/notes on optimizing investments · 2024-11-07T04:46:58.849Z · LW · GW

"Investment is essentially a game of compounding. The first rule is to avoid losses. Identify the world’s top four high-quality assets and diversify your investments among them. Exercise patience and wait for opportunities. Buy during times of market panic and downturns, then patiently wait. Sell when the market reaches a phase of extreme exuberance and bubbles. Longevity is key, as time is the fuel for the compounding game."

Comment by zm (unicode-YXam) on Wei Dai's Shortform · 2024-03-03T07:06:58.091Z · LW · GW

Indeed, there is no need for sorrow, for by choosing to remain anonymous, you have done great things. The world owes you a Nobel Prize in Economics and a Turing Award. It is time for the world to seriously recognize your achievements and lead it towards a financial system without bubbles.