3 ms·
Generally investors want to convince other investors of the truth (as they see it) once they've already made the bet. The exception to that rule is if you have
by koheripbal 6y ago
Generally investors want to convince other investors of the truth (as they see it) once they've already made the bet.
The exception to that rule is if you have trouble getting OUT of an illiquid position (as in the example you quote) - then you don't want to panic other investors before you've successfully taken the other side.
- dmurray 6y agoThat's the same rule, rather than an exception. You don't want to influence the other investors because you haven't "already made the bet".