• ChaosMaterialist [he/him]
    ·
    5 months ago

    What I mean by "unwitting demands" is the implicit "make me more money, or I will go somewhere else" that unconsciously pervades even Blackrock. They don't actually have to physically listen to understand the investment flow is going towards one market or another. They are excellent surfers, but they aren't making the waves.

    • GaveUp [she/her]
      ·
      5 months ago

      Big money makes all the waves and other big money will react to that how they want

      See: SoftBank causing a massive tech rally by buying boatloads of call options

      http://ft.com/content/75587aa6-1f1f-4e9d-b334-3ff866753fa2