Comment on stock market
deranger@sh.itjust.works 1 day agoThat doesn’t make any sense, they have a shared interest. They make more money when you make more money.
Comment on stock market
deranger@sh.itjust.works 1 day agoThat doesn’t make any sense, they have a shared interest. They make more money when you make more money.
ipitco@lemmybefree.net 1 day ago
They could also make you invest in their partner companies (or even their own) and have themselves invested prior to that in the same company, then sell later, making them a bigger cut, or similar schemes. What I mean is that it’s not that simple.
overall their work is not that hard and statistically doesn’t pay off, at least in the past years
They’re trying to stay relevant, but ETFs are now the main way of investing and are providing more interest than picking niche fields. They’re doing what they can to stay relevant, but it doesn’t really work
deranger@sh.itjust.works 1 day ago
Yeah, I do the ETF thing too.
I get the possibility of some kind of insider trading, but they still have to make good returns or they’re gonna lose the job.
ipitco@lemmybefree.net 1 day ago
It’s all about balance ⚖️