If you want to generate exceptional long term returns above an index, you need to have an edge. It has to exist and you have to be able to identify it, whether it is structural, informational, analytical, behavioral etc The vast majority of people (95%+) spouting off about investing on X have no long term edge. For example, over the last 2.5 years dozens of seemingly intelligent influencer types on here with decent followings have posted about how IREN is a bad company or bad stock that would never go up, never hold its gains, never achieve anything meaningful. I ignored all of them without a second thought. Why? Because there was a nearly zero chance any of them had any edge on IREN. Literally zero outside investors globally know more about how IREN operates internally than I do. When you add in that I have almost zero susceptibility to FUD and FOMO and a longer duration due to my temperament and permanent capital structure, these detractors never stood much of a chance. Remember this the next time you read a tweet about a company or asset from some random influencer. Ask yourself: do they have any edge? Are they even capable of assessing whether they have any edge? Otherwise, you should treat almost every opinion on here as entertainment so you don’t lose too much money. Good luck and Godspeed.(Mike Alfred)