There is market fundamentalism among investors, for "invisible"PlaytoearnrpgcryptogamesThey want to punish listed companies by "voting with their feet" when they rip off investment managers. However, the effectiveness of this threat depends on the magnitude of market volatility. The absence of shareholder supervision function leads to a loose relationship between shareholders and listed companies, the turnover rate is too high, and long-term investors can not effectively supervise the behavior of the company. As a result, regulators are forced to take on more supervisory responsibilities. There are too many short-term investors, making it difficult to regulate. The key to solve the problem is to repair the supervision function of shareholders, guide short-term funds into long-term funds, and balance the regulatory pattern. Regulation is guiding the market towards an investment city, reducing volatility, wiping out all kinds of alpha, standardizing market behavior, improving social supervision and reducing the cost of counterfeiting. Investing in the market requires the people's line to mobilize the masses to supervise listed companies and promote the healthy development of the market.
