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The Bob Cesca Show: Victimhood

136
Anymouse 🌹🏑😷10/10/2018 12:44:49 pm PDT

re: #124 Single-handed sailor

665 now

Well, 665 points isn’t a large percentage of the market. It might be not much more than a hiccough. I suppose you would need to compare that with market performance over a longer period (weeks or months) to get an idea of the general direction.

That said, I know better than to invest diddly in the market. As far as I have ever been able to determine, stock markets exist to transfer wealth from the middle class to the wealthy. (Note the fantastically wealthy did not lose their fortunes in the Great Depression - they made money.)