My friend sent me this NPR quick 10 minute piece on investing in the stock market and what tends to be the best strategy overall -- buy and hold.
I remember talking about this just a bit in the book, about how I have beat the market year after year. I don't think I am super good at picking stocks. Maybe just a bit better than average. I think this is one thing that I am super great at, though, which is not letting my emotions dictate whether I buy/hold/sell. I do think sociopaths might be bad at stocks for other reasons, including impulse control short sightedness, and a novelty seeking tendency to self destruct a bit every few years or so. But if you can somehow avoid those sociopath pitfalls, I do think sociopaths can have a bit of an advantage long term over the average investor.
I remember talking about this just a bit in the book, about how I have beat the market year after year. I don't think I am super good at picking stocks. Maybe just a bit better than average. I think this is one thing that I am super great at, though, which is not letting my emotions dictate whether I buy/hold/sell. I do think sociopaths might be bad at stocks for other reasons, including impulse control short sightedness, and a novelty seeking tendency to self destruct a bit every few years or so. But if you can somehow avoid those sociopath pitfalls, I do think sociopaths can have a bit of an advantage long term over the average investor.
