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by berkes
878 days ago
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It has happened. E.g. the WannaCry attack back in 2017, moved markets severely. Short and most bounced back, but attacks do cause panic. The good(?) news is that e.g. WannaCry took out large, "boring" companies, like Maersk, or MSD. These companies typically have a low Alpha, low volatility, and people invest in them for long term: decades rather than weeks. Whereas with e.g. Tesla, every fart that Elon makes has an effect on the stocks. |
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