"If I get a feeling someone is a short-term investor who wants out after one year, or is highly leveraged, we don't want him."
The influence of these short-term investors sets into motion a process that can feed upon itself.
The theory has little value for short-term investors.
It's a problem only if you are a short-term investor.
Like the exit tax, it is intended to penalize short-term investors.
For short-term investors, the fund offers a way to bet on growth during economic expansions.
It would be of little benefit to short-term investors in the stock market.
Despite a 15 percent pullback in prices earlier this year, the stocks do not yet look attractive to short-term investors, he said.
The goal was to punish speculators and other short-term investors.
The stock market is also attractive for short-term, higher-risk investors.