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A comment on Teaching People to Trade Stocks Is Like Starting Them on Heroin – Munger. Parent comment

Re:Teaching People to Trade Stocks Is Like Starting Them on ... by pertymcpert on Thursday February 21, 2019 @06:56PM (#19221832)
It still works, because not everyone is in it for the long term. Some want to chase profits on shorter timescales, so will use their capital in other ways rather than sit and hold.
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Re:Teaching People to Trade Stocks Is Like Starting Them on ... by thoughtstheseus on Thursday February 21, 2019 @09:05PM (#19222493)
Value investing works even better when you're not in the public markets.
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Re:Teaching People to Trade Stocks Is Like Starting Them on ... by orojackson on Thursday February 21, 2019 @09:14PM (#19222545)
That's only if you can access private equity. For the average retail investor, it may as well not exist.
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