Quote:
Originally Posted by CamaroMike
Michael Lewis  |
Michael Lewis may have some good points with his discussion -- there's never ANYTHING wrong with putting something like this under the microscope. But his calling the market "rigged" etc -- is just book selling BS.
Anyone that knows anything about anything knows the market has always been in favor of the large institutions and funds that trade. They're the ones setting the price action. We are all just along for the ride. I'm perfectly okay with that. I never try to game what they're doing or try to get ahead of the big boys when their is possible news of a merger etc. When you try to do that - you'll get squashed. This is why I always say to just buy good stuff with a dividend and sleep well.