A grift requires suckers. You can’t buy low and sell high with insider info unless someone else is buying high and selling low (it’s more complicated, I know, don’t get pedantic).
The only people whose voices matter when it comes to investigating this are the very wealthy. Right now the very wealthy are in on the grift. The suckers are regular people managing their nest egg.
When regular retail investors finally figure this out en masse, realize they can’t beat the insiders, and start just letting their shit ride in index trackers and other passively managed funds focused on long term growth and asset protection, the insiders will need new suckers and the circle of those in on the grift will have to shrink.
When the wealthy start seeing losses due to their fund managers being out of the loop, then we’ll finally start seeing some real investigations.
How long will that take? I don’t know but don’t hold your breath.
A grift requires suckers. You can’t buy low and sell high with insider info unless someone else is buying high and selling low (it’s more complicated, I know, don’t get pedantic).
The only people whose voices matter when it comes to investigating this are the very wealthy. Right now the very wealthy are in on the grift. The suckers are regular people managing their nest egg.
When regular retail investors finally figure this out en masse, realize they can’t beat the insiders, and start just letting their shit ride in index trackers and other passively managed funds focused on long term growth and asset protection, the insiders will need new suckers and the circle of those in on the grift will have to shrink.
When the wealthy start seeing losses due to their fund managers being out of the loop, then we’ll finally start seeing some real investigations.
How long will that take? I don’t know but don’t hold your breath.