News for hackers. Stuff that matters.
Re:Trading halted as U.S. stocks plummet by raydev on Monday March 09, 2020 @02:56PM (#22528490)
Maybe I'm misunderstanding, but there's no blood from the pessimists since they don't really lose what they have. They just miss out.
Re:Trading halted as U.S. stocks plummet by mcguire on Monday March 09, 2020 @04:15PM (#22529267)
There used to be a saying, something like if you missed the best 20 days of the market in the last century, you would just about break even.

Missing out is very, very expensive.

Re:Trading halted as U.S. stocks plummet by huy-nguyen on Monday March 09, 2020 @04:22PM (#22529345)
If you miss the best 10 days in the last 20 years of the US market, you lose 2/3 of the gains. If you miss the best 20 days, you are slightly underwater. https://www.fool.com/investing/2019/04/11/what-happens-when-...
Re:Trading halted as U.S. stocks plummet by vecter on Monday March 09, 2020 @06:13PM (#22530455)
People do short or buy put options.