Comment by myth_drannon
Comment by myth_drannon a day ago
One negative signal, no matter how small, will send the market into a death spiral. That will happen in a matter of hours.
Comment by myth_drannon a day ago
One negative signal, no matter how small, will send the market into a death spiral. That will happen in a matter of hours.
Exactly. The opportunity set isnt large.
The best play for all portfolio managers is to froth up the stock price and take their returns later.
Everyone knows this a bubble but the returns at the end of this of those who time it are juicy - portfolio managers have no choice to be in this game because those who supply the money they invest on their behalf, demand it.
Its that simple.
I will always remember Jim Cramer's melt down https://youtu.be/SWksEJQEYVU
Not saying that will happen, but it's always good to rewatch just as a reminder how bad things can get.
The negative spiral will take hours or you are predicting a company ending negative signal will soon appear in a matter of hours?