“Are you a gimp?” Michael Covel once asked on his website. “Who still pretends markets are efficient, imagines buy and hold as a panacea, believes index investing is Shangri-La and that the US Fed has your best interest at heart?”
A gimp, according to Covel, is the average investor; the investor who isn’t in control, either by their own choice or choices put upon them. They are left to the machinations and manoeuvres of outside forces. They don’t think clearly; they don’t know how to make a decision. Their decision is simple: sit tight and trust the powers that be.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오: