Re:Inflated Bond Ratings Helped Spur the Financial Crisis. T...
by orwin on Thursday August 08, 2019 @07:24AM
(#20643468)
> It's what the vast majority of people and businesses do with their money.
The vast majority of people invest in founds that deals with short-term gambling. Heard of LTCM?
Re:Inflated Bond Ratings Helped Spur the Financial Crisis. T...
by javert on Thursday August 08, 2019 @03:36PM
(#20647834)
> The vast majority of people invest in founds that deals with short-term gambling
I really doubt that.
Re:Inflated Bond Ratings Helped Spur the Financial Crisis. T...
by stouset on Thursday August 08, 2019 @04:33AM
(#20642786)
If only that were true. Just look at RobinHood, for starters.
Re:Inflated Bond Ratings Helped Spur the Financial Crisis. T...
by dmix on Thursday August 08, 2019 @06:24AM
(#20643216)
Just look at a rare unicorn in Silicon Valley that immediately drew SEC scrutiny?
What does that have to do with the average investor?
Re:Inflated Bond Ratings Helped Spur the Financial Crisis. T...
by Nasrudith on Thursday August 08, 2019 @08:38AM
(#20643935)
I believe the investors were the ones to look at. The infamous /r/wallstreetbets in addition to self-deprecating jokes about themselves being basement dwellers essentially engage in outright gambling on shorter term swings and hunches to make and lose big - mostly the latter.
It's what the vast majority of people and businesses do with their money. Only a small percentage are investing in risky trades. And the ones that do that have plenty of money to spare and are well aware of the risk models.