Big smart Gurus/Stars are loosers in the long run

Monday, December 29, 2014 Francisco Carneiro 0 Comments

Data lovers are winning everywhere . But they don't look like Stars. A star is someone who does a prediction and time to time they nail it big time. A star is someone who predicted 10 market crashes and on the 10 th time they are correct. A star is Nouriel Roubinni who predicted the 2007 sub prime crisis and since then has been wrong ever since.

A data lover is not a star. He doesn't do Big fat predictions. He does a lot of small bets and ultimately wins. A data lover is the casino. A Guru is the visitor/gambler who time to time hits the jackpot.

If you want a winner , don't expect big views expect a system.

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