by Gavin M. Who is stupid money? You can hear this from a lot of financial blogs and even the mainstream media. Stupid money as termed by Wall Street are the investors. These are the mom and pop folks who buy every lie a company's CEO keeps giving them and buy their shares. In essence, it's a wealth transfer mechanism: from your wallet to mine. We do classes and trade alerts. Join us. There is, however, a more fundamental truth to this. Stupid money stems from uninformed, under-trained investors who would just buy shares of companies they barely understand. I am not only referring to the common folk, I'm also talking about those buy-side investors from a lot of funds out there. You would think that your money is being properly managed but no siree Bob, it ain't. As long as there are those people who hope against hope, there will always be stupid money in the market. In essence, we really need them because if they don't buy the worthless companies, how are we going to make money short selling these companies? It really is important you distinguish yourself away from those who think they know the markets. It's not a great place to be. If you have a planned foray into the financial markets, be educated. It's annoying, it's painful and it takes time but buddy, you will thank yourself later that you did spend the time rather than wallow in tears after you lost thousands of your hard earned cash buying some company that never went anywhere. This really is important.
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Multiple AuthorsTraders from Equity Sense will be writing on this blog on positions and other market-related things. Archives
May 2018
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