Here are a few examples of strategies that look (or looked) equally plausible, from the usually thoughtful blog of my fellow LessWronger Colby Davis .
This blog post recommends: - emerging markets, which overlaps a fair amount with my advice - put-writing, which sounds reasonable to me, but he managed to pick a bad time to advocate it - preferred stock, which looks appropriate today for more risk-averse investors, but which looked overpriced when I wrote my post.
This post describes one of his failures. Buying XIV was almost a great idea. It was a lot like shorting VXX, and shorting VXX is in fact a good idea for experts who are cautious enough not to short too much (alas, the right amount of caution is harder to know than most people expect). I expect the rewards in this area to go only to those who accept hard-to-evaluate risks.
This post has some strategies that require more frequent trading. I suspect they’re good, but I haven’t given them enough thought to be confident.
Here are a few examples of strategies that look (or looked) equally plausible, from the usually thoughtful blog of my fellow LessWronger Colby Davis .
This blog post recommends:
- emerging markets, which overlaps a fair amount with my advice
- put-writing, which sounds reasonable to me, but he managed to pick a bad time to advocate it
- preferred stock, which looks appropriate today for more risk-averse investors, but which looked overpriced when I wrote my post.
This post describes one of his failures. Buying XIV was almost a great idea. It was a lot like shorting VXX, and shorting VXX is in fact a good idea for experts who are cautious enough not to short too much (alas, the right amount of caution is harder to know than most people expect). I expect the rewards in this area to go only to those who accept hard-to-evaluate risks.
This post has some strategies that require more frequent trading. I suspect they’re good, but I haven’t given them enough thought to be confident.