4. Do these professional investors truly think that - since they don't need the money right now and therefore CAN hold depreciating stock - the various affected companies really won't bounce back?
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Replying to @BootlegGirl
Not needing the money immediately doesn't translate to holding depreciated stock. It takes a couple of days for the money to actually materialise, but you're not on the hook for any loss in that time
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Replying to @LizardOrman
I know, I just figure if I was a day trader, I'd figure "China, the country of, again, billions of people, will probably have this under control in a month" enough to not start selling every holding with any connection to the country
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Replying to @BootlegGirl
If you're a day trader, selling now to dodge a fall that will take until next month to recover from is exactly what you do. You're thinking of actual investors
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Replying to @LizardOrman @BootlegGirl
Yeah that's exactly the point I'm trying to make "Fundamental investors" like Buffet says you should be are the exact opposite of day traders be day traders cause most of this movement
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By definition, a day trader has no opinion on the actual underlying business of the companies they're investing in (which is why Buffet hates them) It's all a game where they're placing bets essentially on how all the other day traders currently feel
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The connection to the actual real world economy is only theoretical Their relationship to "real" investors is adversarial and is a kind of "keeping each other honest" relationship
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Like the argument is if you banned day trading entirely like Buffet has jokingly proposed then the market could stagnate and the old boy network would *never* sell stock even as the real company was going bankrupt in order to deliberately slow economic change
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…and would that be bad for anyone other than old boys?
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Well... yeah, you couldn't prevent an economic crash this way, just prolong it You can't actually force people to keep on buying buggy whips when no one has horses and buggies anymore
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Propping up the price of the buggy whip company indefinitely sounds like it's protecting jobs or whatever but it's just another complicated way for the big investors to steal money from the public
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Replying to @arthur_affect @tyrisstark and
I think you misunderstand me, a stock market where everything's frozen in place obviously benefits the old boy network more than anyone else They already have all the good stocks
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Replying to @arthur_affect @tyrisstark and
The people who are in favor of volatility present themselves as the rebels holding the big boys accountable and making it possible for some smaller scrapper to make a killing off of them when they screw up
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