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Re:Insider trading has been rife on Wall Street, academics c... by bjourne on Sunday February 11, 2018 @01:35PM (#16353990)
Is that why 99.9% of the finance industry is about investments in which two days makes an enormous difference?
Re:Insider trading has been rife on Wall Street, academics c... by semi-extrinsic on Sunday February 11, 2018 @01:42PM (#16354043)
The reason why lots of the finance industry is about managed funds is that they can create more money for themselves from charging clients fees than they can from investing their own money in index funds.
Re:Insider trading has been rife on Wall Street, academics c... by tptacek on Sunday February 11, 2018 @01:38PM (#16354011)
By all means, just make numbers up.
Re:Insider trading has been rife on Wall Street, academics c... by andrewjw on Sunday February 11, 2018 @01:54PM (#16354118)
Most of the finance industry is also not about profits on the time-scale of retirement savings, or about minimizing variance for every sample.