People in the stock market care more about short term gains than long term ones. | Hacker News

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inetknght on Oct 24, 2017 | parent | context | favorite | on: AMD Announces 307% Increase in Q3 Earnings

People in the stock market care more about short term gains than long term ones.

freedomben on Oct 25, 2017 [–]

There are definitely some people that care about short term gains, but there are plenty that are in it for the long term. Virtually everybody with a 401k or mutual fund is in it for long term gains, and I would imagine the amount of people in that basket far exceeds the number of day traders.

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