patrick.net

Put him an the pitchforks and guillotines list.

Video please.

Cooperman shows again how out of touch Wall Street is.

Few idle people are investing. Of course those who have a good job have a 401k, but just own mutual funds.

I have been yelling at everyone I know to buy stocks since 2010, and few do so.

Hedge funds are completely unnecessary in our economy.

GlocknLoad says

Video please.

https://www.youtube.com/watch?v=nhd0ppxRRlo

Interestingly, was a grudging Trump supporter. But more because he feared Bernie/Warren than liked Trump.

https://www.mediaite.com/news/watch-wall-street-billionaire-literally-cry-over-choice-between-trump-and-elizabeth-warren

clambo says

Hedge funds are completely unnecessary in our economy.

Agreed. Short Selling is also unnecessary, at least ban margin short selling and limit it to the total of actual existing shares. You can always hedge with options anyway if you're trying to cover some potential downside.

"Liquidity" is bullshit. Think of how much liquidity we could have if people could borrow to short sell their neighbor's house.

clambo says

Cooperman shows again how out of touch Wall Street is.

Few idle people are investing. Of course those who have a good job have a 401k, but just own mutual funds.

I have been yelling at everyone I know to buy stocks since 2010, and few do so.

Hedge funds are completely unnecessary in our economy.

How many people do you think are out there that have the inclination, intelligence, time and interest to track individual stocks? A gambling economy is not a good one, no?