Comment

Comment by xxbondsxx

The founders can answer better, but a lot of traders are not just looking at individual stocks but rather packages of stocks together.

Say you want to invest in the health + tech space, but there's some risk that covid ends and gyms come roaring back. So then you want to minimize the risk by putting some money in the gym industry as well -- getting an entire package of peloton, apple, and 24hourfitness stock is actually worth more to you than the individual stocks on their own.

parent xxbondsxx 4 years ago

No comments yet

Be the first to share your thoughts.

Live from the official Hacker News API

A modern reader for Hacker News · SvelteKit + Skeleton