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This past selloff is a clear example of big fish manipulating the market (lemmy.world)

submitted 2 months ago by [email protected] to c/[email protected]

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Big guys like Berkshire have so much leverage in the market. They can sell a huge chunk of stocks causing chaos and a huge drop in price, then buy low and profit. The stock market isn’t fair to regular investors. You’re at the mercy of these big firms.

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[–] [email protected] 2 points 2 months ago (1 children)

Yup, Naomi Klein has great write-ups about this. Shock Doctrine predicted the Covid buy backs.

[–] [email protected] 0 points 2 months ago

Thanks I’ll check it out

[–] [email protected] 1 points 2 months ago (1 children)

What last selloff? Are you talking about BRK's Apple stock sales?

[–] [email protected] 0 points 2 months ago

Yup