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The week's question
In March 2025, in the thread "Re: OT, out", Umm asked the members: "Do you think it is because America is made up of magical soil that makes businesses based in America magically profitable?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Investment Strategies / Mechanical Investing
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Author: rayvt ✧☼🐝🐝  😊 😞
Number: of 6243 
Subject: Re: Hulbert, News letter results over 45 years
Date: 06/29/25 12:19 PM
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[Many of us] spent many thousands of hours on investing. Are you saying you only did this to make money, and it is not a hobby for you?

"A hobby is a leisure activity pursued for pleasure and enjoyment, typically during one's free time. ... Essentially, a hobby is something you do for fun, not as a primary job or obligation. ... Hobbies are activities done for enjoyment and relaxation, not for work or financial gain."

By that definition, it is absolutely not a hobby.

Nothing says you cannot have fun doing work that pays you.

Nobody expects a hobby to make them money. People do like to enjoy their job that also pays well.

The goal of investing is to make money. Having fun doing it is just an incidental benefit.
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This community has written 6,227 posts about Mechanical Investing. The article-length ones it recommended most:
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OT - Div yields and returns · 32 recs · 2024
Using AI to generate backtesting programs · 30 recs · 2025
Rankings for 19Dec2022 · 29 recs · 2022
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