Why do the rich profit from listed shares?
China Daily | Updated: 2016-10-25 07:44
THE HURUN RESEARCH INSTITUTE released a Hurun Cash-out Rich List 2016 on Oct 21, which, as the 10th of a series, studies the cashing out of the rich people in China from last July to this August. An opinion article on Beijing News analyzed the relationship between the cashing out of the rich and the stock market:
What is the difference between ordinary people and rich people?
The answer is simple: The rich are better at making investments than others are-much better. Whenever the stock market experiences an abrupt fall, the rich always manage to sell their stocks at a high price before the drop, while ordinary people always sell after share prices have fallen.
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