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There’s a story about two stock brokers walking down wall street, one of them spots something on the ground and goes: “Look, a hundred dollar bill on the ground
by boublepop 5y ago
There’s a story about two stock brokers walking down wall street, one of them spots something on the ground and goes: “Look, a hundred dollar bill on the ground!”, the other responds: “That’s impossible, if there was a hundred dollar bill on the ground, someone would have picked it up”
While it’s not possible to predict exact movements of stocks, that doesn’t mean that finance isn’t filled with situations where someone drops money on the ground. It never stays there for long because someone picks it up, but you’ll certainly never be the one picking up anything if you don’t look.
- quickthrower2 5y agoIts not even zero sum! You can have mostly winners! (Well putting environmental impact to one side)