logoalt Hacker News

lostmsutoday at 5:39 AM1 replyview on HN

I had plenty of gains by holding investments which Goldman Suchs were making doom statements about.


Replies

rootsudotoday at 5:58 AM

Always buy opposite, buy low and sell high.

Too many people here buy high and sell low.

When Goldman makes statement, half the time it is prepped by an associate or two that has minimal experience and goes through a MD that enjoys the gloom and doom. That’s why they publish. Goldman makes money on both sides of a trade.

show 1 reply