"Because they crave "action." The most successful investors -- or gamblers -- can go long periods without making a move. They're patient and very often say no to business or investing proposals.
Munger often talkied about how you only need a few really good investments in your lifetime. He was talking about his west coast oil investments when he was right out of Harvard and Buffett's blockbuster acquisiiton of Geico.
Funny, I just got a flyer today from Fan Duels. NC passed recently a law that allows online betting and I'm sure I'll get more flyers.
I have nothing against day traders and I follow a board on Ihub that plays Bounces. I don't day trade but I like to follow along since they are nice people. I sort of know Monk from another board and he is a nice guy. I do not know much about his trading nor am I interested.
My point about Moomoo is it's based in Singapore. Not sure I'd want my money going that far overseas but again that is just me.
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