Reply to post: Re: Sounds

What happens when the internet realizes the stock market is basically a casino? They go shopping at the Mall

bombastic bob Silver badge
Pirate

Re: Sounds

I was just thinking of that, the Tulip market thing a couple of centuris (or so) ago.

https://en.wikipedia.org/wiki/Tulip_mania.

Also demonstrated in fiction, in the 2nd season of 'Spice and Wolf' (pyrite market manipulation)

Still I have some Schadenfreude for the hedge-funders, one in particular [and no news whether or not this person, "the man who broke the bank of England", lost any significant money in this, but he probably DID].

Normal stock investors are long term, and a rising tide lifts all boats. The hedge-funders are basically selling SNAKE OIL and making money at the expense of others. Like I said: Schadenfreude.

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