Investment Decisions – Know Your Competition

Investment Decisions - Know Your Competition by Lukas Neely, Investor Vantage

“If you know others and know yourself, you will not be imperiled in a hundred battles; if you do not know others but know yourself, you win one and lose one;
if you do not know others and do not know yourself, you will be imperiled in every single battle.”
Sun Tzu
(Chinese Military General)

“This game is too hard…”

[klarman]

“I can’t hope to win or compete with the likes of the “big boy” hedge funds and banks…”

This is the general sentiment toward investing in the stock market, and essentially this sentiment is correct.

However…