If we want to get really under the hood about it what we’re really trading when we trade pooled investments is everyone else’s investment decisions.
True, dat.
If we want to get really under the hood about it what we’re really trading when we trade pooled investments is everyone else’s investment decisions.
True, dat.
Well, you nearly got around to mentioning discounts.
Yes, you are. But an investment trust usually doesn’t have a contractual hold over the team the investors are backing.
Emotional momentum and capricious prices for the win?