Comment on 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?
kitnaht@lemmy.world 1 month ago
Depends if they sold, where they sold, and a bunch of other factors.
Imagine they were able to just pull the money and put it somewhere safe. Evern if you jump back in with growth at the same rate, you will have lost the gains you would have made had there been no tarrifs.
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 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
Clinicallydepressedpoochie@lemmy.world 1 month ago
Imagine they were able to just pull the money and put it somewhere safe. Evern if you jump back in with growth at the same rate, you will have lost the gains you would have made had there been no tarrifs.
Cryophilia@lemmy.world 1 month ago
That’s called “timing the market” and it’s impossible without insider knowledge.
9point6@lemmy.world 1 month ago
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
Cryophilia@lemmy.world 1 month ago
They fail to outperform a broad market index like 85% of the time, and they charge fees for it lol