Right, that makes sense from a logical standpoint. Do you know of any empirical research around this? From what I can tell the evidence seems against it, eg see this paper https://link.springer.com/article/10.1007/s11408-023-00433-2
Asking because I want to keep my options open for now, while I figure out if this will work for me.
I switched to stock picking based on the premise that the market at large might be momentarily irrational because it doesn't have the same insight into the tech industry as I do - e.g. I made good profits on AMD between $30 and $150, Nvidia $100 to $400, some medium term trades on Supermicro and TSMC.
As in a day job in enterprise software? How come you didn't consider joining an asset management firm as a quant dev? I heard they're very lucrative.
> I switched to stock picking based on the premise that the market at large might be momentarily irrational
I see, sounds like a momentum strat.