Re:Stocks Are Recovering While the Economy Collapses
by chongli on Friday May 01, 2020 @03:13AM
(#23039760)
The market is wrong all the time. People make money by beating the market. It’s just not easy to predict who will beat the market ahead of time. Just like how it’s not easy to predict who will win the lottery. It’s a pretty safe bet that someone will, though, at least some of the time.
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Re:Stocks Are Recovering While the Economy Collapses
by ozim on Friday May 01, 2020 @07:16AM
(#23040953)
No, people are not making money beating the market. See long term bets about ETF vs managed money managers. If you beat the market today like "you bough when it was 20% down" then "sell now because i went back to what it was" you have to buy again to stay in the market or never sell. Otherwise market will go up and you will stay with "one time shot" that in 5 or 10 years will be worth nothing.
Time in the market makes money, so market is right.