News for hackers. Stuff that matters.

A comment on Coronavirus and Credibility. Parent comment

Re:Coronavirus and Credibility by WalterBright on Monday April 06, 2020 @11:44PM (#22800188)
> Yes they did

If it was all so obvious, the stock market would have dumped weeks before it did.

Did you sell in early February? Did you take out shorts on the market? Why not?

[ Parent | on HN ]
Re:Coronavirus and Credibility by lemming on Tuesday April 07, 2020 @05:02AM (#22801542)
I'm a passive investor, I don't try to make money by playing the market. But yes, in mid-Feb I moved all my investments from growth funds into conservative ones, and avoided a major haircut.
[ Parent | on HN ]
Re:Coronavirus and Credibility by WalterBright on Tuesday April 07, 2020 @03:40PM (#22806703)
Congratulations, you are smarter than I am and smarter than Wall Street.

But my point still stands - if it was obvious to people, the market would have dumped earlier than mid-Feb.

[ Parent | on HN ]
Re:Coronavirus and Credibility by lemming on Wednesday April 08, 2020 @12:48AM (#22810151)
I don't claim to be smarter than anyone, I'm just some guy. I just think the "no-one could have seen this coming" is obviously bogus when it was literally occurring at the time, just in different regions.
[ Parent | on HN ]