Legal Online CASINO: USA share markets Background I was interested in this news. Tradeweb to extend trading hours the day after US election https://www.reuters.com/business/finance/tradeweb-extend-trading-hours-day-after-us-election-2024-10-31/ My thought Share markets has turned to be Legal Online CASINO. USA share markets’ rival will be real/online CASINO. How to invest good companies? Venture capital is the way, not to bet money on share markets. What will happen in share markets? Current share markets are not the field to invest good companies. They are the field to play “Old lady game”. Rich sells shares in high price and poor buy a small amount the shares. After stock markets crash, Rich buy the shares little by little in low price to collect them. This is the system, which is alike to a hamster wheel. One idea I have read the book “Just Keep Buying”. The book only told that Just Keep Buying the shares. I can write Python code and use GCP, so that the c
2021/4/1. The 80:20 rule I wonder that how many times I have wrote this theme. 80:20 rule This is unfair rule which is called as “Pareto principle”. https://en.wikipedia.org/wiki/Pareto_principle If this rule is applied to whole people on the earth, what happens? Certain people(20%) can use 80% of the earth’s assets, and almost people(80%) can use 20% of them. The number of whole people on the earth is 7.9 billion. 20% of 7.9billion is about 1.6billion. How big is the 1.6 billion people? Almost as same as the number of Chinese. China vs USA is simple. Which is the king?