SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 174.01-0.3%Nov 14 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Maurice Winn who wrote (12025)7/4/1998 2:28:00 AM
From: Clarksterh  Read Replies (1) of 152472
 
Maurice - I wrote recently that speculators should be treated as heroes, not with the denigration they usually get as though they are some sort of leeches. Mahathir being one of the haters of Soros and co. That is because their business is about the most dangerous reducing volatility and profiting from it.

Could you explain your rationale for that statement? To my knowledge most speculators (i.e. short time horizon investors) increase volatility. There are lots of examples of this, but the most recent is the complaints of many companies about the Nasdaq. When companies move from the Nasdaq to other exchanges their volatility decreases because there are many fewer small day traders.

This is not to say that I disapprove of day traders - it is day traders who provide most of the liquidity in the market. But the market does not benefit from too many of them. All JMO.

Clark
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext