If you believe in the singularity, why aren’t you betting on it?
I gave some reasons that it’s hard to bet on it, but I also want to point out that your premise is false. A whole lot of us _DO_ invest in various ways that differ from a total market index. I hold a number of stocks, and I’m using this opportunity to increase my stakes in many. I also have some non-stock investments which will outperform based on my model of the future (and the differential of that model from “common wisdom”).
Fair enough. I don’t see much investing discussion on LW, so I assumed most people were just buying index funds or something. I’m glad to hear you’re betting your beliefs on a regular basis.
I gave some reasons that it’s hard to bet on it, but I also want to point out that your premise is false. A whole lot of us _DO_ invest in various ways that differ from a total market index. I hold a number of stocks, and I’m using this opportunity to increase my stakes in many. I also have some non-stock investments which will outperform based on my model of the future (and the differential of that model from “common wisdom”).
Fair enough. I don’t see much investing discussion on LW, so I assumed most people were just buying index funds or something. I’m glad to hear you’re betting your beliefs on a regular basis.