Understanding Smart Money: Why Past Performance Doesn’t Predict Future Success in Investing and Financial Decisions
The article discusses the author’s ambitious goal of making $50,000 in cryptocurrency this year, while pointing out Michael Saylor’s significant Bitcoin investment strategies. Saylor raised $42 billion for investments over three years, spending $21 billion rapidly instead of steadily over time. The author critiques this approach, presenting hypothetical outcomes for different investment strategies, ultimately showing ...