Hedge Funds can only be beaten when emotions arent involved.Besides that you cant beat the smart HF money, it is way smarter and way more quantitative. They can precisely dial-in the risk/reward at every price turn and use options and swaps to trim or amplify it all. And they rarely must act on exaggerated emotion, feverish fanaticism, or idolatrous ideology.
And you can't hurt them. Their pockets are too deep, too quantitative, too emotionless. Instead you win in the market by beating the odds of gains over losses. And you do that with rules, routines, and systems that build consistency in one or various strategies over many hundreds of trades where your "expected value" is positive. Also if you learn to manage risk within the realities of uncertainty and randomness, you will avoid that account fatality we call broke.
Bandwagon investing will take most down a road of huge losses in the end. But that is too be expected when you dont invest in value and instead invest in emotions.
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