4 ms·

You mean, like pension funds trading the stock market?

• JBReefer 8y ago
  How are _pension funds_ scams?
  • 21 8y ago
    I didn't say pension funds are scams, but that pension funds make their profits from trading against non-knowledgeable people (like GP implied bitcoin traders do)
    • nradov 8y ago
      Most pension funds are long-term investors and do very little active trading. Their trading counterparties are generally just as knowledgeable as they are.
• harryh 8y ago
  No. Not at all like that. The stock market is people trading ownership stakes in corporations with actual value under a regulatory regime that implements proper safeguards.