Current Topics
The United States v Donald Trump
by rporter314
Today at 04:10 AM
The End of the Independent Judiciary
by jgw
Yesterday at 09:09 PM
Our modern Sinclair Lewis?
by jgw
Yesterday at 08:52 PM
How the octopus got its smarts
by logtroll
Yesterday at 08:30 PM
RoundTable for September 2018
by Ujest Shurly
Yesterday at 06:58 PM
Code for no black people': New York bar's 'racist' dress code sparks online deba
by pondering_it_all
Yesterday at 06:58 AM
Returning rationality to public policy
by NW Ponderer
09/20/18 04:03 PM
The Savage Breast: A Music Clip Thread
by Golem
09/20/18 12:58 AM
Yom Kippur and Kol Nidre
by Golem
09/18/18 06:57 PM
Miscellaneous humor thread
by Golem
09/17/18 10:21 PM
Justice is coming
by jgw
09/17/18 09:37 PM
Flor-i-duh's Governor's Race
by Greger
09/17/18 06:19 PM
‘Unprecedented’: Natural gas expert says ‘over-pressurization’ may be to blame
by NW Ponderer
09/17/18 03:02 PM
George Conway rips Trump over tweet about Obama's '57 states' gaffe
by pdx rick
09/17/18 04:37 AM
Obama's Friday Speech
by pondering_it_all
09/14/18 06:51 AM
Woodward book breaks 93-year publishing record
by Greger
09/14/18 03:01 AM
Mike Rowe on Nike / Kaepernick and 9/11 hero Tom Burnett
by Greger
09/12/18 02:17 AM
The nuclear option
by Greger
09/12/18 01:22 AM
President Petty and Ineffective - a danger to the Republic
by chunkstyle
09/11/18 11:54 PM
stare into the lights my pretties
by Jeffery J. Haas
09/11/18 04:15 AM
Forum Stats
6248 Members
58 Forums
16383 Topics
281979 Posts

Max Online: 294 @ 12/06/17 12:57 AM
Google Adsense
Page 3 of 3 < 1 2 3
Topic Options
#307242 - 07/03/18 07:06 PM Re: Do they realize what they're doing? [Re: NW Ponderer]
jgw Online   content
enthusiast

Registered: 05/22/06
Posts: 2097
Loc: Port Angeles, WA
That too is a possibility. The problem with that one has always been "timing the market" The really rich are the ones that have banks of computers that just take a little bit here and a little bit there. These are also the ones who really hate the thought of a tax on trades as they do, literally, a million+ every day. This system also doesn't care what the market is doing as they can automatically go both ways and are, for the most part doing it free as they either own a chair or part of a chair.

Top
#307250 - 07/04/18 01:19 AM Re: Do they realize what they're doing? [Re: NW Ponderer]
pondering_it_all Offline
veteran

Registered: 02/27/06
Posts: 7885
Loc: North San Diego County
I think the real rich don't short the market. They hold and hold forever, and have people to clip the bond coupons and cash the dividend checks for them. They have family income trust funds that pay everyone in their extended family more money than they can spend every year.

It's the money guys that are doing the active trading. Totally different people. Rich people don't have to take those kind of risks. If their conservative investments only make 5% a year, that's still a billion dollars!

Top
Page 3 of 3 < 1 2 3

Who's Online
0 registered (), 28 Guests and 3 Spiders online.
Key: Admin, Global Mod, Mod
Newest Members
TrentonP, Nosf50, erumonej, Jensen Breck, Albertapkr
6248 Registered Users
A2