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Yes — I called it ironic because a hobbyist sitting on cash out performed the market over the past six months. Institutions “making moves” aren’t magic — and o
by zmgsabst 5y ago
Yes — I called it ironic because a hobbyist sitting on cash out performed the market over the past six months.
Institutions “making moves” aren’t magic — and often fail to beat indexes, which in turn failed to beat cash over the past six months.
Sometimes the hobbyist mindset wins.
- deleted 5y ago[deleted]
- gabereiser 5y ago>sometimes the hobbyist mindset wins. In this case, you’re absolutely right. Had they just sat on it they wouldn’t have the losses they do today, furthering the panic selling.