Comments
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SRAgree with the humility lesson. "Pride cometh before a fall"
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ZYI think most of the expert here, answer the best thing that they had learned is basically humble, do not think you know is 100% correct, always think if i am wrong when do investment. Help me a lot.
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RGBalanced and pragmatic. Humility is a great lesson. If you don't come to the market with it, it's an expensive one to learn.
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MJAgree with vol comments. 'Low' VIX but 'high' VVIX => buywrite VIX. Option premium mitigates a lot of the carry cost, ~5 vols to play for and if policy still a back stop little opportunity missed.
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FSSeems like a common theme. Best lesson learned is to stay humble.