Hobofinance

Finance for those who care more about living than making a living

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Entries from May 2008

Patience: The Trader’s Edge

May 26th, 2008 · 2 Comments

The single greatest advantage the small investor (me and you) has over the large investor (hedge fund) is time. The large investor has more knowledge and more capital, but they need to make consistent gains, and therefore they need to keep busy buying and selling, hedging and covering. Over activity is what causes most mistakes. [...]

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Tags: Financial Education · Investment · Trading