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神鱼:散户相较于机构的最大结构性优势是“无需交代”,可利用波动率和时间获取收益

2026-02-10 15:46:19

ChainCatcher 消息,Cobo 联合创始人兼 CEO 神鱼在 X 平台分享投资心得:“个人投资者相较机构最大的结构性优势,并非信息或资金量,而是“没有人需要交代”。

基金受到 LP 要求、回撤线以及季度考核等制度性约束,往往被迫在最不该卖出的时点止损出局;而个人投资者则可以利用波动率、拉长时间周期,在市场底部承接因制度约束被动抛出的筹码,从而获取收益。”

神鱼:散户相较于机构的最大结构性优势是“无需交代”,可利用波动率和时间获取收益

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