12-04-2021, 04:38 PM
I recall Warren Buffett one time commenting something like how he had to watch what he said because one word from him could send a stock rising or falling.
It's probably way less nefarious than what Congress does, which is buy and sell stock (directly or indirectly) while working on legislation that will make things easier or harder for that company.
But I also think that these days the stock market represents millions of people shovelling cash blindly into it for their retirement plans and so the influence of celebrities and even company success has less and less to do with the stock market.
It's probably way less nefarious than what Congress does, which is buy and sell stock (directly or indirectly) while working on legislation that will make things easier or harder for that company.
But I also think that these days the stock market represents millions of people shovelling cash blindly into it for their retirement plans and so the influence of celebrities and even company success has less and less to do with the stock market.