Unpopular opinion: The SECs role to protect retail investors actually does them more harm than good from a macro perspective.
-
-
I think if people are dumb enough to fall for *blatant* raccoonery, the market should teach them a lesson and they should evolve (or not) as investors. Artificially slowing that evolution process through regulatory interference is bad. “A fool and his money are soon parted.”
-
I’m pretty against the entire narrative of “protecting people from themselves and their bad decisions.” Cause and effect, but not in the mini game, in the meta game. Long timelines and evolution.
-
A bit Darwinian, but it’s
#HotTakeThursday so let it burn.
End of conversation
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.