What are your thoughts?

I think the problem lies within people's views of the stock market and themselves. Everyone is in the stock market to MAKE MONEY. The market is a zero sum game. That means there is a winner and a loser in every trade. That means for the average investor or trader, in order to be a winner, has to buy or sell their shares to the loser of the trade. This is EXACTLY what big hedge funds do day in and day out. You are no better than them in terms of morals. If you had the capability of making money, you would screw people just as hard as the big boys. Day in and day out. What makes you so much more innocent than them?

I like to think of online FPS video games as the stock market and it's participants. It is everyone's objective to get kills and beat everyone else. I think of the people who "camp" or hide, know the best spots, are the highest level so they have the best guns, practice the best strategies every day, great aim, or have the best computer or best internet connection as the big hedge funds. Why do people think the stock market is any different? Any more fair than anything else in the world?

This was a quick post, and i'm playing call of duty right now :D but this can be adapted to anything competitive in the world. Most namely sports. There are always people that play dirty, get the best gear, have the best coaching, and more experience.

pm me or reply if you agree, or want to argue. I'm always up for a good discussion.

That just brought me to another point, some lawyers use dirty tactics to win cases.
 
The only thing I have a problem with though, Is when people cheat. Or "hack" in video games. This is like when enron traders used to buy energy. Then they would tell the plants in california to go down for "maintenance" and then sell the energy and astronomically high prices.

This is blatant, and wrong. Now your screwing the people who aren't even in the game. That's uncool.
 
"I'm a first-year analyst on wall street... "
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Ya think so? I know he said he is but the guy has some insight for a rookie.
 
I don’t mind paying the spread or whatever little dinky things this guy is talking about. What I do mind is groups causing artificial volatility just for the sake of making money, with the volatility having no fundamental justification.

The major impetus behind today’s market woes was the emergence of mutual funds. Before that you had some semblance of a large number of small buyers and traders setting the market price. Slowly but surely, mutual funds usurped the power of the individual. Today all markets are oligopolistic.

The continued centralization of market power and international, anonymous, access – will eventually lead to a state of chaos that will be beyond repair.
 
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