4 ms·
I guess a good way to extend the sports betting model analogy is that Buffett’s moves are so large + controlling seats on boards is equivalent to sports players
by quartesixte 3y ago
I guess a good way to extend the sports betting model analogy is that Buffett’s moves are so large + controlling seats on boards is equivalent to sports players fixing games in response to bets made on them? Buffett wants stock to go up, he can tell the company to take actions to do so. Something individual retail traders (or most funds for that matter) cannot do.
As a layperson, I always wonder: is there some equivalent of the Heisenberg uncertainty principle at play in the market? There is no way to make an observation (in this case, a trade) without altering the very thing your are observing (the market).