Skill or Luck.
Is it possible for us to pick 10 bagger (10x), 20 bagger , 50bagger or 100 one frequently . I see lot of tweets stating that they recommended some X,Y,Z tokens and it has become a blockbuster hit. We don't know how much of their money is in line on their own recommendations.
What's my perspective ?
I've 2 decades of experience in capital markets and I'd say it's highly unlikely that one could really know a position would become 10x or 20x or even 50x. Nobody knows their position would infact become next big thing. In finance more than 75% of the things happens on luck. There are 1000s of reasons given for a blockbuster . Those are all on hindsight. Seldom someone really know that it'd infact become one. Not even founders of the cryptos that you bet would know it'd become a blockbuster and that's the truth.
What you guys think. Drop your comments.