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[-] GaveUp@hexbear.net 18 points 4 months ago* (last edited 4 months ago)

Big money managers (large hedge funds and asset management firms like Citadel and Blackrock) make their own decisions/strategies and clients rarely if ever have any input. It's only the small local bank branch types that listen to their clients

The loud ones (Elon, Trump) are the morons who lucked their way into everything. A lot of quiet ones are really good at intentful exploitation

[-] ChaosMaterialist@hexbear.net 6 points 4 months ago

What I mean by "unwitting demands" is the implicit "make me more money, or I will go somewhere else" that unconsciously pervades even Blackrock. They don't actually have to physically listen to understand the investment flow is going towards one market or another. They are excellent surfers, but they aren't making the waves.

[-] GaveUp@hexbear.net 6 points 4 months ago

Big money makes all the waves and other big money will react to that how they want

See: SoftBank causing a massive tech rally by buying boatloads of call options

http://ft.com/content/75587aa6-1f1f-4e9d-b334-3ff866753fa2

this post was submitted on 16 Jul 2024
141 points (98.0% liked)

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