One More Thought: Crypto-Trading Hamster

What is one of the main challenges in understanding market behavior?

• Understanding the bond market exclusively

• Predicting short-term trends accurately

• Dealing with low volatility

• Finding enough experts to analyze data

How does Mr. Cox make his cryptocurrency trading decisions?

• By analyzing market trends

• By running on a wheel and entering tubes

• By following expert advice

• By using a computer algorithm

What surprising result did Mr. Cox achieve with his portfolio?

• He lost more than the S&P 500

• He matched Warren Buffett's returns

• He outperformed Bitcoin and the S&P 500

• He only broke even

What investment strategy does Mr. Cox's behavior resemble?

• Day trading

• Short selling

• Long-term investing

• High-frequency trading

What is a key aspect of Warren Buffett's investment philosophy?

• Avoiding all market risks

• Buying stocks for long-term value

• Investing based on daily market changes

• Focusing on short-term gains