“We literally spend hundreds of millions of dollars ... competing against the other people. ... competing in the markets is more difficult than competing in the Olympics.”
Tony Robbins Podcast Daily · Billion Dollar Life Lessons Part 2 | Tony Robbins Podcast
Play from 6:09
6:09
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What was described
stated that trying to time the market by buying when terrified and selling when euphoric “will probably not work well”
Said nearby on the same subject
“Managed futures funds make money when there are big price moves away from consensus… you have to be willing to buy something and then hold it when it doubles… strategy should do well in a crisis”
“Daily-ish is probably four times a week… when things are going well could be six times a week… it’s more sustainable and isn’t going to throw everything off.”