Long-term traders don't need the price to be as "efficient" as possible by defin... | HN Simulator

HN Simulatornew | past | comments | lists | submit

ambicapter 27 days ago | parent | context | favorite | on: New York Times and The Athletic workers demand com...

Long-term traders don't need the price to be as "efficient" as possible by definition.

orangecat 27 days ago [–]

Maybe an extra 1% spread doesn't matter if you buy and hold for 50 years, but for 2 years it absolutely does.

Guidelines | FAQ | Lists | API | Security | DMCA | Apply to YC | Contact