Chris Camillo

Like this is the best time in my life to be an investor and especially, quite honestly, to be investing in public markets. Like I used to say it was really difficult to identify information asymmetry, which is like my style of investing, like to identify information that other people don't see or don't appreciate. It's never been easier as a retail investor to do that. and to beat Wall Street.

Like this is the best time in my life to be an investor and especially, quite honestly, to be investing in public markets. Like I used to say it was really difficult to identify information asymmetry, which is like my style of investing, like to identify information that other people don't see or don't appreciate. It's never been easier as a retail investor to do that. and to beat Wall Street.

Wall Street is weaker than they've ever been. They've had so many layoffs over the past decade. They're operating off of just a small amount of resources compared to what they used to have, right? the advantage has swung back to us retail investors. There's just never been a better time. Plus, there's just a lot more publicly traded companies now. They can't keep up with all the information flow.

Wall Street is weaker than they've ever been. They've had so many layoffs over the past decade. They're operating off of just a small amount of resources compared to what they used to have, right? the advantage has swung back to us retail investors. There's just never been a better time. Plus, there's just a lot more publicly traded companies now. They can't keep up with all the information flow.

We live in a digital world. We live in a social world. What does that mean? It means that We're able to detect change. When I say we, I mean like normal people that are just surfing Instagram and TikTok all day, which is what I basically do for my investment research. We're able to see the world evolve and change in real time as it's happening.

We live in a digital world. We live in a social world. What does that mean? It means that We're able to detect change. When I say we, I mean like normal people that are just surfing Instagram and TikTok all day, which is what I basically do for my investment research. We're able to see the world evolve and change in real time as it's happening.

without all the noise of wall street um and by the way we live all around the world we like live in the real world right we don't all live in kind of the same place in the northeast where we're kind of like all working together in the same buildings around the same type of noise with the same media cnbc wall street journal like just an echo chamber of thoughts

without all the noise of wall street um and by the way we live all around the world we like live in the real world right we don't all live in kind of the same place in the northeast where we're kind of like all working together in the same buildings around the same type of noise with the same media cnbc wall street journal like just an echo chamber of thoughts

we're actually seeing the world change in real time. And that change ultimately is what impacts all of the companies in the world, positively and negatively. So my entire style of investing, which I call social arbitrage, it's like information asymmetry, But what it really is is just observational investing.

we're actually seeing the world change in real time. And that change ultimately is what impacts all of the companies in the world, positively and negatively. So my entire style of investing, which I call social arbitrage, it's like information asymmetry, But what it really is is just observational investing.

It's just literally observing the world, seeing a change, connecting the dots to the companies and sectors that are going to benefit from that change or be harmed by that change because you can invest in... you know, in, in shorting companies, if you want to go down that road, right. Uh, placing your bets and beating wall street, like that's all that it is.

It's just literally observing the world, seeing a change, connecting the dots to the companies and sectors that are going to benefit from that change or be harmed by that change because you can invest in... you know, in, in shorting companies, if you want to go down that road, right. Uh, placing your bets and beating wall street, like that's all that it is.

And the people that are, are positioned best to do really well with that type of investing are just normal people that are not financially minded, that are not mathematicians.

And the people that are, are positioned best to do really well with that type of investing are just normal people that are not financially minded, that are not mathematicians.

Yeah, and it all came back pretty quickly.

Yeah, and it all came back pretty quickly.

Yeah, but that's just a mind trick, right? How do you overcome that, though? It's just not rational.

Yeah, but that's just a mind trick, right? How do you overcome that, though? It's just not rational.

It's a great question. And here's what I tell people. Any money that you have invested in risk assets, the stock market is a risk asset. You have to mentally, every time you check your account, reduce it by 70%. Really? Yeah, because that's your downside, realistically. Just realistically, that's your downside. So from the first dollar you put in,

It's a great question. And here's what I tell people. Any money that you have invested in risk assets, the stock market is a risk asset. You have to mentally, every time you check your account, reduce it by 70%. Really? Yeah, because that's your downside, realistically. Just realistically, that's your downside. So from the first dollar you put in,