3 ms·
>Most (By number) people invest not because they think that market prices are wrong. Sure, I understand. My reply was about the bullet points the parent poste
by jasode 9y ago
>Most (By number) people invest not because they think that market prices are wrong.
Sure, I understand. My reply was about the bullet points the parent poster highlighted. Instead of long-term retirement savings type of thinking of the average Joe, the bullets from the article were about:
>“Short-term relative pricing of liquid financial assets, like the price of S&P 500 stocks relative to other S&P 500 stocks over the next three months.”
... which attracts physics PhDs, neurologists like Michael Burry, etc.