Thanks to all those who replied for your view of retail mugs....

Thanks to all those who replied for your view of retail mugs.

Just like many things in the financial sphere terms get distorted to the point of losing real meaning:

Like:
* WIP is not real work but accounting tricks - reality it is progress of actual work with a defined outcome

* goodwill is just accounting tricks to hide wasted investor funds - reality it is a measure of future value that is based on real audited calculations

and so on.....

* retail mugs are suckers who don't know what they are doing 'a derogatory term' - reality retail are simply a catchall for those not meeting definition of professional or sophisticated.

So retail could be more knowledgable than a professional or sophisticated investor in a particular stock. The label doesn't necessarily equate to success yet it is has developed into a different meaning as often used on HC.