>We focus instead on finding ways to differentiate the experiences of the “touri... | Hacker News

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		Loughla on Sept 9, 2020 \| parent \| context \| favorite \| on: The Long-Term Stock Exchange Opens for Business >We focus instead on finding ways to differentiate the experiences of the “tourist” speculators from the “citizen” long-term investors Can you expand on this?

eries on Sept 9, 2020 [–]

Sure. I don't have an objection to short-term investors, even the long-term investors like having them around to provide liquidity. But I don't think an investor who has an average equity holding period of 10 minutes should be involved in corporate governance.

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