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A comment on Stocks are up but 80% of the value is held by the richest 10%. Parent comment

Re:Stocks are up but 80% of the value is held by the richest... by WalterBright on Saturday March 11, 2017 @08:58PM (#13848457)
My point is that buy and hold is actually a more sophisticated investment strategy than one might think. For one thing, knowing enough about investment vehicles to pick the right buy and hold is straightforward only if you know what you're doing. And secondly, uneducated investors are usually convinced their clever strategy they made up on the spot will beat the market - they just refuse to believe in buy & hold. And thirdly, cognitive biases that destroy investment returns are fairly well documented in the book "Thinking Fast and Slow".

The article completely supports my point, in showing how awfully the average investor does compared with the buy and hold investor.

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Re:Stocks are up but 80% of the value is held by the richest... by nosuchthing on Saturday March 11, 2017 @11:22PM (#13848935)
Buy and hold is infinitesimal in comparison to day trading options and directives, where fortunes can be amplified exponentially in minutes from insider trading or narratives from news publications which have an effect on the reactionary "dumb money" of the common public traders.
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Re:Stocks are up but 80% of the value is held by the richest... by ericd on Sunday March 12, 2017 @07:00AM (#13850179)
They can also be lost just as quickly when the market doesn't conveniently act like you think. If the system was rigged in the way you suggest, hedge funds would do much better as an asset class than they actually do (after fees, they've significantly underperformed an S&P 500 index fund). WRT your claims of rampant insider trading, when the SEC sees heavy option volume before public news breaks, frequently, someone goes to jail.
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Re:Stocks are up but 80% of the value is held by the richest... by nosuchthing on Monday March 13, 2017 @05:45PM (#13862735)
With off shore accounts, dark pools, HFT, and an excess of money, one can imagine there are loop holes.

https://www.bloomberg.com/news/articles/2014-07-23/don-t-tel...

http://www.npr.org/2013/04/09/176579895/to-find-insider-trad...

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