Do Bulls make money?

In one of your recent podcasts, you mentioned the quote bulls make money. Bears make money, but pigs get slaughtered pause it there that is true, Dan. In fact, I spoke against it first, and most specifically actually in March of 2021. It was my Pet Peeves volume 6 episode, where I spoke at a little bit more length about it then.

Do Bears make money & pigs get slaughtered?

"Bulls make money, bears make money, pigs get slaughtered" is an old investment industry saying that warns against being excessively greedy. Since pigs typically eat a lot, the term "pigs get slaughtered" is a metaphor that describes those who assume too much risk in an attempt to quickly generate large short-term returns.

Why do piggish investors get slaughtered?

Piggish investors are known to either take on high degrees of risk or overlook risk in order to make a profit. They often make rash investment decisions and buy stocks without doing their proper due diligence. As a result, they tend to lose money, hence the adage that they inevitably get slaughtered.