Those "local dog players" who are mocked have actually seen through the essence of the game: attention and liquidity are the only currencies. While we are still comforting ourselves with "fundamentals," they are already efficiently rotating capital.
The so-called "professional investors" and "gamblers" may only differ by a more respectable label.
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It turns out we are all prisoners of prejudice.
Those "local dog players" who are mocked have actually seen through the essence of the game: attention and liquidity are the only currencies. While we are still comforting ourselves with "fundamentals," they are already efficiently rotating capital.
The so-called "professional investors" and "gamblers" may only differ by a more respectable label.