Clinicallydepressedpoochie@lemmy.world to No Stupid Questions@lemmy.world · edit-29 个月前Seeing a lot of copium but am I fucking crazy? The market would have to do more than just recover for people to recoup their losses, correct?message-squaremessage-square51fedilinkarrow-up171arrow-down16
arrow-up165arrow-down1message-squareSeeing a lot of copium but am I fucking crazy? The market would have to do more than just recover for people to recoup their losses, correct?Clinicallydepressedpoochie@lemmy.world to No Stupid Questions@lemmy.world · edit-29 个月前message-square51fedilink
minus-squareCryophilia@lemmy.worldlinkfedilinkarrow-up5·9 个月前That’s called “timing the market” and it’s impossible without insider knowledge.
minus-square9point6@lemmy.worldlinkfedilinkarrow-up1·9 个月前Well, impossible to do with certainty. But people are paid to try and do it at investment banks, and with enough outsider knowledge they can often get it right Of course that’s practically just gambling at a much greater scale
minus-squareCryophilia@lemmy.worldlinkfedilinkarrow-up5·9 个月前 they can often get it right They fail to outperform a broad market index like 85% of the time, and they charge fees for it lol
minus-square9point6@lemmy.worldlinkfedilinkarrow-up4·9 个月前Yeah, you’re completely right, I was more going for not impossible, but it’s even more luck than I realised
That’s called “timing the market” and it’s impossible without insider knowledge.
Well, impossible to do with certainty.
But people are paid to try and do it at investment banks, and with enough outsider knowledge they can often get it right
Of course that’s practically just gambling at a much greater scale
They fail to outperform a broad market index like 85% of the time, and they charge fees for it lol
Yeah, you’re completely right, I was more going for not impossible, but it’s even more luck than I realised