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I disagree. Long term investing is de rigeur on Wall Street - everyone from Warren Buffet to index fund investors are doing it. Sure some people do trading, bu
by FredPret 5y ago
I disagree. Long term investing is de rigeur on Wall Street - everyone from Warren Buffet to index fund investors are doing it.
Sure some people do trading, but a long term view is both the right one and the most profitable one.
- worik 5y ago> Long term investing is de rigeur on Wall Street On what do you base that? My immediate reaction is that you are being naive.
- badpun 5y agoTo my knowledge, there's plenty of funds who place investors money for the long-term into low to moderate risk assets. Pension funds, municipalities, businesses with cash surpluss or individual people who invest for their retirement aren't into the thrills of short-term speculation.