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Small-Scale Question Sunday for April 7, 2024

Do you have a dumb question that you're kind of embarrassed to ask in the main thread? Is there something you're just not sure about?

This is your opportunity to ask questions. No question too simple or too silly.

Culture war topics are accepted, and proposals for a better intro post are appreciated.

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There are only 3 public newsletters that I think gives you a genuine alpha over the 75th percentile trader.

Do they sound unreasonably dense and hard to parse? Yes, they are meant to be. You don't get an alpha by doing easy things.

Otherwise, the best way to be a stock trader is to become a rich person's golf buddy, and hope you overhear some stuff between drives.

The problem is that the 75th percentile day trader still loses money, if not absolutely then certainly compared to the market as a whole, and likely at higher risk. You have to be like a 98th percentile to make money.