Some people say that the market is efficient. Maybe it is today, who knows? But between 1967 and 1995 it sure wasn't. How else could Michael Steinhardt realise a compound annual growth rate of ๐ฎ๐ฐ.๐ณ% (๐๐๐๐ฅ)?
If you want to be a bit more like Steinhardt, try following his ๐๐ถ๐
๐ด๐ผ๐น๐ฑ๐ฒ๐ป ๐ฟ๐๐น๐ฒ๐ of investing:
โถ Make all your mistakes early in life.
โท Always make your living doing something you enjoy.
โธ Be intellectually competitive.
โน Make good decisions even with incomplete information.
โบ Always trust your intuition.
โป Donโt make small investments.
Interesting to know is that Steinhardt charged his investors a 1% management fee and a 15% performance fee, which he later increased to 20%. When you're copy trading ๐ผ๐ป ๐ฒ๐ง๐ผ๐ฟ๐ผ, ๐๐ผ๐'๐ฟ๐ฒ ๐ป๐ผ๐ ๐ฝ๐ฎ๐๐ถ๐ป๐ด ๐ฎ๐ป๐ ๐ณ๐ฒ๐ฒ๐! Give it a try at https://www.etoro.com/people/lodeblomme๏ฟผ