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The government massively depreciated the purchasing power of the dollar, trading is one of the few ways to get ahead. And the secret is it’s not always as hard
by greatpostman 5y ago
The government massively depreciated the purchasing power of the dollar, trading is one of the few ways to get ahead. And the secret is it’s not always as hard as the professionals claim, especially when the government is money printing
- protoax 5y agoTrading is gambling for almost everyone. The remaining actors benefit from additional information that is either entirely cost inhibitive or illegal.
- greatpostman 5y agoBelieving this is the biggest trick the finance industry ever pulled. Many people are capable of consistently making money, poker is gambling but some people always win over long enough variance
- protoax 5y agoThis is just nonsensical. Are you familiar with the famous bet made by Buffett that a basket of hedge funds would be outperformed by the market over 10 years? He was right, they were outperformed, so how does it follow that a basket of hedge funds with massive budgets cannot consistently make money trading - but the average person somehow can? Are they intentionally handicapping themselves to "trick" everyone?
- greatpostman 5y agoThis is a brainwashed opinion. I have worked in finance. Comparing investing billions to investing one million is nonsensical