To the people whose money is being managed it is the same.

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Jan 26, 2020
6:43:47pm

All-American All-American

To the people whose money is being managed it is the same.

And if a money manager is scolding his clients for not knowing the difference between having money and losing it versus losing a chance to make money, he won’t be managing their money for long.

Good for you for correctly using a term taught to freshmen in American Heritage though.

This message has been modified

Originally posted on Jan 26, 2020 at 6:43:47pm

Message modified by All-American on Jan 26, 2020 at 6:44:45pm

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All-American

Previous username: all_american01
Bio page: All-American
Joined: Sep 5, 2001
Last login: Oct 31, 2024
Total posts: 15,634 (49 FO)

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Messages

Author

Time

Futures down 1% at the open. Coronavirus has investors spooked

TicoBrown

1/26/20 4:02pm

Doesn’t make any sense. Zero impact. Can’t be causation.

RugbyCoug

1/26/20 4:18pm

What do you mean “zero impact?”

russkiejedi

1/26/20 4:21pm

He means coronavirus might have same impact as NFC Pro Bowl performance on mrkt

Big Daddy D

1/26/20 4:37pm

1% is a small change... I think it could be connected.

russkiejedi

1/26/20 5:59pm

Do you realize how much market capitalization was lost in 1%?

Big Daddy D

1/26/20 6:19pm

I mean zero as in imperceptible economic impact.

RugbyCoug

1/26/20 6:14pm

It makes perfect sense.

Deleted

1/26/20 4:23pm

I've canceled 6 business flights with Delta

IdahoYFan

1/26/20 4:27pm

I’d say it’s an over reaction, but not zero impact. I’m at 30% cash, so I’ll

1/26/20 4:29pm

I’m in cash too but not because of a virus lol

Big Daddy D

1/26/20 4:39pm

I’m not in cash because the virus, I’ve been slowly moving to cash

1/26/20 4:40pm

Right there with you

Big Daddy D

1/26/20 4:41pm

In addition to the above, a lot of people are just waiting for an excuse.

1/26/20 4:31pm

Feels overheated? What ever gave you that notion?

Big Daddy D

1/26/20 4:41pm

Yeah, but a lot of people have lost a lot of money waiting for the correction

1/26/20 4:58pm

No they haven’t. Experienced opportunity cost perhaps but did not lose money

Big Daddy D

1/26/20 6:23pm

Same difference. Spare me the pedantry please.

1/26/20 6:25pm

Lol not the same difference if you’re managing someone’s hard earned money.

Big Daddy D

1/26/20 6:34pm

To the people whose money is being managed it is the same.

1/26/20 6:43pm

False. Return OF principle vs return ON principle. People with real money care.

Big Daddy D

1/26/20 7:56pm

Tell you what.

1/26/20 10:16pm

Ya know. The industry quants track guys like you. I won’t say what they’re calle

Big Daddy D

1/27/20 12:26am

I know exactly what the “industry” calls guys like me: “former clients.”

1/27/20 7:53am

This is the irrationality of fear. Coronavirus has killed about

Agnostic-alumni

1/26/20 4:30pm

Largest quarantine ever in the sixth largest city in China

Sumguy

1/26/20 5:45pm

Uh. Those aren't futures. The actual market went down on Friday.

1/26/20 4:42pm

Uh, yeah. Futures open at 4PM Sundays.

TicoBrown

1/26/20 4:50pm

Down 1.5% and falling

TicoBrown

1/26/20 4:51pm

Still a very minor blip

CasualFan

1/26/20 7:01pm

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