Re:Insider trading has been rife on Wall Street, academics c...
by adamnemecek on Sunday February 11, 2018 @01:15PM
(#16353883)
Correct, but I dont think that they really understand the fundamentals. Or like be able to answer the question "what are the odds of the industry moving away from nvidia to someone else"?
[ Parent
| on HN ]
Re:Insider trading has been rife on Wall Street, academics c...
by maksimum on Sunday February 11, 2018 @03:15PM
(#16354529)
> I dont think that they really understand the fundamentals
(A) the fact that the analyst you're talking about is paid for their opinions and you're (most likely) not, means that with high probability you're wrong.
(B) what's the utility of assuming other professionals are dumb, and building an investment strategy that will work against dumb professionals?
Re:Insider trading has been rife on Wall Street, academics c...
by adamnemecek on Sunday February 11, 2018 @04:41PM
(#16354985)
I, as an investor, am paid for my position.