NEA 0.00% $2.10 nearmap ltd

NEA Investing, page-18

  1. 5,164 Posts.
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    There are many edges. As long as people can demonstrate that their technique has a positive edge to their methodology then I am all for it. So far I have not seen it here and that I why I like challenging people.

    Again I am not interested if your super is 98% or 298%. What I am most interested is if you can produce that return for the next 30-40 years of your investing life doing what you do. That is called a methodology. I honestly don't care if you made 10million today buying some penny dreadful stock for half a cent and it went to $10 or $100. That is pure luck. I am sure that you are smart enough to realise that.

    I do not care if you buy a stock by asking your cat or dog to pick one for you, or follow a triangle or flag or trend or if Birdie wakes up from the wrong side of the bed. As long as you have back tested it and it has consistently beaten the accumulated index year on year by % percentage then you will not only survive but you are a serious player. I am sure you understand what I am saying.

    Most if not all here are just gamblers and speculators depending on luck to save them.
 
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