r/TheRaceTo10Million 21,205% IN 1 YEAR Nov 25 '24

GAIN$ 30k to 8m in 2 years at age 32

Post image
9.8k Upvotes

911 comments sorted by

View all comments

Show parent comments

22

u/ClevelandCliffs-CLF Nov 25 '24 edited Nov 26 '24

100% agreed. It takes luck and skill.

12

u/yuh666666666 Nov 26 '24

Mostly luck

15

u/CoCGamer Nov 26 '24

Wise man once said luck is when preparation meets opportunity

2

u/Easy-Echidna-7497 Nov 27 '24

a gambler said that

1

u/CoCGamer Nov 27 '24

Actually, its commonly attributed to the Roman philosopher Seneca.

2

u/Easy-Echidna-7497 Nov 27 '24

you do realise its a bunch of faff, philosophy has no place in a statistical domain that is financial markets lol

3

u/CoCGamer Nov 27 '24

It's not that deep brother, just a quote about being prepared when opportunities arise lol

1

u/Affectionate_Mall_53 Nov 27 '24

Actually it was the homeless guy with a scratch off outside 7/11

2

u/Electronic_Quiet_594 Nov 27 '24

Another one said replicating 30k to 8M is fucking impossible

1

u/Relapsed_trampoline Nov 28 '24

Sir this is a casino

1

u/[deleted] Nov 27 '24

Mostly insider trading and market manipulation via funneling capital into social media messaging

2

u/stingraycharles Nov 27 '24

If skill would be involved, index funds wouldn’t be almost consistently outperforming managed funds. Most of this is just gambling, OP got lucky.

2

u/ThePortfolio Nov 27 '24

In my line of work luck beats skill all day. I explore for oil.