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>We focus instead on finding ways to differentiate the experiences of the “tourist” speculators from the “citizen” long-term investors Can you expand on this?
by Loughla 6y ago
>We focus instead on finding ways to differentiate the experiences of the “tourist” speculators from the “citizen” long-term investors
Can you expand on this?
- eries 6y agoSure. I don't have an objection to short-term investors, even the long-term investors like having them around to provide liquidity. But I don't think an investor who has an average equity holding period of 10 minutes should be involved in corporate governance.