The financial media often report on killings made by some of the big financial operators and hedge funds as if following them is instructive for the average reader.
However, the average investor does not have the funds, nor credit to emulate what big investors and hedge funds attempt in the markets.
The ability to borrow the necessary capital would be impossible on the terms needed. Professional have access to the multi-millions in credit for the purpose.
It makes for good, almost fiction reading for most investors who read or tune in. But it does something else. It poorly educates the mass public into thinking about financial strategy.
No comments:
Post a Comment