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All moments › Meta's Redemption Arc: Wall Street Is Buying the Muse Hype

Discussing Mark Douglas on trading edge, IQ vs trigger pulling ability, contrarianism overrated.

From Meta's Redemption Arc: Wall Street Is Buying the Muse Hype · jumps to 1:55:42 · speech

▶ Open at 1:55:42 on YouTube
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But yeah, I did. I think that's all I really got here, guys. Drucken Miller said his edge was never IQ. Thank God, because I would be fucked otherwise. My advantage is not IQ. It's trigger pulling. He's fucking taking shots. I admit it's some kind of intelligence, but I wasn't in any top 10% of his classes. So he wasn't talking about having to be super fucking smart. His edge was the ability to fucking pull the trigger. Contrarianism is overrated. The crowd is right 80% of the time. Remember those people who are like, everyone's bearish. This has to happen. Everybody's bullish.
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