4 ms·
Every transaction in the financial market is a bet with two sides with opposite beliefs. I don't get why people make such a big deal off bears and bulls. Every
by huurtehoog 2mo ago
Every transaction in the financial market is a bet with two sides with opposite beliefs.
I don't get why people make such a big deal off bears and bulls. Everyone is on one of these sides at every investment they make or liquidate.
- knaeckeKami 2mo agoZitron does not seem to put his own skin in the game by going short though - He sells bearishness via his substack, podcasts and media appearances.
- huurtehoog 2mo agoMy point is not that putting your money where your mouth is or shut up. My point is: all analysis is contingent, there is no point in saying bulls or bears are chronically wrong or that they should beat the market to merit being listened to.