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  • mangrai [comrade/them]
    ·
    4 years ago

    people on wall street are also gambling, they're just using other people's money and get paid either way

      • mangrai [comrade/them]
        ·
        edit-2
        4 years ago

        they get paid either way because they get commissions even if their rich clients lose money, not because they've figured out how to beat the market

        these complicated financial techniques exist for the purpose of making money from very specific movements in the financial markets. they do not help you predict those movements