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.
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.