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Non-Tech : Kirk's Market Thoughts
COHR 191.04-2.5%Jan 16 9:30 AM EST
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To: w0z who wrote (23682)3/24/2025 11:08:16 PM
From: Kirk ©2 Recommendations

Recommended By
debrahaugen
the traveler

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That is probably the biggest reason I am in favor of some sort of small transaction tax to fund the SEC and perhaps pay down debt. I think all these HF traders are stealing return from actual long-term investors. A penny for every 10 shares or something transaction tax would be like putting a resistor (small loss to heat) in a feedback loop. It would probably put many out of business or at least force them to find a more productive use for their math skills than stealing Femto pennies per share per transaction from real investors.
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