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All the average investor needs to know how to do is sell their shares and in four simple steps the media person/short seller makes their money: 1. Media person
by fitchjo 10y ago
All the average investor needs to know how to do is sell their shares and in four simple steps the media person/short seller makes their money:
1. Media person shorts stock
2. Media person tells viewers stock is worthless
3. Viewers holding stock get nervous, sell shares
4. Stock price goes down, media person cashes in.
I do think it is a bit unfair to say they need to hold their investments in a blind trust, but definitely agree that disclosures about their positions should clear and abundant.
- Consultant32452 10y agoThe most important thing to look for when seeking financial advice of any kind is to verify that the person giving you the advice is a fiduciary. This is a legal status which means they're required to give you advice that they genuinely believe will benefit you the most rather than advice that maximizes their own quarterly bonus. Most "financial advisors" are not fiduciaries.