Clinicallydepressedpoochie@lemmy.world to No Stupid Questions@lemmy.world · edit-29 months agoSeeing 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-square7linkfedilinkarrow-up136
arrow-up136message-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 months agomessage-square7linkfedilink
minus-squareClinicallydepressedpoochie@lemmy.worldOPlinkfedilinkarrow-up1·edit-29 months agoImagine someone were able to just pull the money and put it somewhere safe. Even 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.
minus-squareCryophilia@lemmy.worldlinkfedilinkarrow-up4·9 months agoThat’s called “timing the market” and it’s impossible without insider knowledge.
minus-square9point6@lemmy.worldlinkfedilinkarrow-up1·9 months agoWell, 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-up4·9 months ago 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 months agoYeah, you’re completely right, I was more going for not impossible, but it’s even more luck than I realised
Imagine someone were able to just pull the money and put it somewhere safe. Even 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 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