They believe that the #StockMarket will fall, talk about intense pessimism. They are the ones who drive the share prices of companies downwards.
Michael Burry is a famous bear!
Rabbits 🐇
These #investors often buy and sell really quickly. They just want to make some quick profit from the market during the day.
They also face 15% taxes because of this!
Turtles 🐢
These traders are in it for the long haul. They don’t care about short term fluctuations in the market and mostly just look at the long term returns.
Someone who’s been holding MRF when it first came out, would probably be considered a turtle!
Sheep 🐑
Sheep follow the herd. They go with whatever some guru advises them and don’t develop their own strategy or method for investing.
Whales 🐋
These are institutional investors who have massive amounts of capital. They move slowly but they can affect the market with their humongous transactions.
Sharks 🦈
Sharks are big red flags! They often lure retail investors and promise them high returns, which they do get but they dump them when the price gets really high and exit the market.
They usually work in units, by trading amongst themselves!
If you have any other animal terms that you use in the investing world, tell us below 👇
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The guy who figured out in 2006 that the housing market would crash eventually because of the mortgage defaults and so he bet against it and made nearly $800 mn for himself and his investors 🤯
Yeah, he just bet against Tesla 😬
Burry isn’t Elon Musk’s biggest fan and has said that Tesla “overpromises and underdelivers” which led to him betting against Tesla!
He had previously bet half a billion dollars against Tesla but recently changed it to $731mn, nearly 35% of their company’s $2bn fund!
This simply means that if Tesla stock prices dip below a certain level, he will be able to sell those stocks back to his broker for the same price he bought them for! 📈
It also means that if the price of the stock increases, he will have to pay extra and lose money! 📉
How does #Reliance benefit from buying Just Dial? A Thread👇
Reliance acquired Just Dial through a controlling stake of about ₹ 5700 Cr. But why? 🧐
Just Dial mainly just had listings of businesses but recently they’ve ventured into a digital mart, an online B2B platform where Indian manufacturers can connect and trade.
Reliance will be able to gain access to this database of listings and expand its own digital ecosystem
It all started when a Redditor noticed that a hedge fund had taken a huge amount of short trades against GameStop and posted on the popular Reddit page #wallstreetbets, which is fond of targeting short-sellers
The Redditors on the thread joined forces and bought as much GameStop stock as possible 💰
This made the price rise exponentially and hedge funds short position started to lose billions
So, the short-sellers had to buy shares to cover their losing bids
Tesla boss @elonmusk aka “Papa Musk” tweeted Gamestonk!!", along with a link to the Reddit page which acted as a catalyst to the whole fiasco and sent the stock price to dizzying new heights 🚀
Reliance Jio Infocomm Ltd. will now start charging customers for voice calls to recover interconnection usage charges. Users, however, will be compensated with free data of similar value
But first, What is IUC(Interconnect Usage Charge)?
It is the price paid by one mobile telecom operator to another when its customers make outgoing mobile calls to the other operator’s customers. It is currently set at 6 paise/ minute
Jio has been hit with the missed-call wave because of free calls
It receives 25-30 crore missed calls daily and when Jio customers call these users back, instead of receiving 6 paise per minute from other network operators as an IUC, Jio eventually has to pay for callbacks