HACKER Q&A
📣 sakopov

Have you been able to achieve outsized returns in markets?


Have you been able to achieve outsized returns in markets? If so, what strategies did you use?


  👤 ghiculescu Accepted Answer ✓
I'm not sure this is the answer you're looking for. But when I was 20 I started a business. At the time I had about $10k in the bank which I quickly depleted while not earning a salary. For 10 years I put all my effort into it, ignored the stock market, and re-invested as much revenue as possible into growth.

https://www.officialdata.org/us/stocks/s-p-500/2012?amount=1... says if I'd invested all that money it would be worth nearly 40k today. I will humbly say the return has been very outsized.


👤 brucethemoose2
Not in the short term.

Just be disciplined... dont buy anything you want to sell within 5 years, and don't buy something in the middle of a hype wave, don't buy anything stupid, hold your breath when the market drops, and you can beat the NASDAQ fairly easily.


👤 chiefalchemist
After you compile the answer I would recommend reading "Fooled by Randomness."