Excellent article. I sometimes think that we underestimate good research and good common sense. One additional point I would add - individuals can invest where professionals can’t - very small companies. Institutional investors can’t participate because the liquidity is too low. Individuals can do quite well if they are interested in basic research

Expand full comment

Hey Leandro! Just wanted to mention that I linked this piece form here:


Cheers 💚 🥃

Expand full comment