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Fair assessment. I am just pushing back at the narrative that this is a "win" for the little guy and a "loss" for wall street. Retail investors putting money
by nightowl_games 6y ago
Fair assessment.
I am just pushing back at the narrative that this is a "win" for the little guy and a "loss" for wall street.
Retail investors putting money into the market _at all_ is a net win for wall street _every time_ imo.
- boringg 6y agoDon't disagree with you - the markets are heavily balanced in favor of entrenched players who have informational, scale and timing advantages (ie wall street). I do think that there's something else at play here ... we will have to see what happens over the next couple of weeks as things shake out.
- boringg 6y agoAlso - Citron has already said that they will take this trade into account in how they allocate in the future. I don't think this will really change anything though.
- ds206 6y ago> Retail investors putting money into the market _at all_ is a net win for wall street _every time_ imo. This is what I think to myself everytime I see one of those Acorn ads.
- freeone3000 6y agoWhat's the other side, though? Putting it into savings, at 0.5%? Forex? The game is rigged against you, but you're still better off if you play.