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I see a lot of parallels with the political system. If you let the masses take charge, you're going to a get a more wild, dynamic, unpredictable outcome. In th
by eldavido 11y ago
I see a lot of parallels with the political system.
If you let the masses take charge, you're going to a get a more wild, dynamic, unpredictable outcome. In the stock market this new "democracy" manifests as extremely short hold times, in the political arena, as fringe candidates that party elites would never have let win the primaries, had they been in charge.
I, for one, hold stocks for a long time, and hope companies do optimize for the long term, but I realize I may be in the minority.