Bingo! That's exactly the next thought
This guy is on to influence the market. Maybe he's generically trying to talk the market down, it's too rich right now (which I would agree with) and tougher for hedge funds to make money. Or just trying to play bucking bronco I mean, look at this $1000 market drop last week only to return to a slight gain for the day Everyone's thinking, Fed rates are going to rise! Markets are going to fall, someone manages to kick that over the cliff, then maybe mid-day consumer spending numbers come out and are up and the market goes back up: what were we worried about? a lot of little investors panicked and sold, and then bought as it was going up again so in one day they end up paying more for the stocks they already owned. they are worse off than if they had done nothing. and SOMEONE made some money on that. hmmmm And that's what I call buckin' bronco or whiplash, I think that happens all the time and why guys like us should always buy long b/c you're not playing the day trader game where you'll up against the sharks. And of course, maybe he has a position in gun manufacturers and knows a bunch of people will run out and buy more ammunition when they read this. (or security firms etc.)
Anyway, yeah, they may all be valid points, but I don't trust a hedge fund manager here to give me something without ulterior motives. [Post edited by `lag at 02/04/2022 10:59AM]
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In response to this post by Vienna_Hokie)
Posted: 02/04/2022 at 10:50AM