Jakarta – President Prabowo Subianto stated that stock investments are bound to fail for small investors and compared it to gambling. He believes that only those with large capital can profit from stock investments.
Responding to this, the Director of Development at the Indonesia Stock Exchange (IDX), Jeffrey Hendrik, agreed with Prabowo’s statement. He emphasized that the IDX always encourages investors to make rational decisions while considering a company’s performance.
“I completely agree with the message delivered by Mr. President. This is also something we always emphasize, that investors should always make decisions rationally while paying attention to the fundamentals of the company,” said Jeffrey to reporters on Wednesday (December 4, 2024).
Furthermore, Jeffrey urged investors to understand the fundamentals of the stocks they wish to buy.
“A decision based solely on recommendations from influencers or certain formulas, without understanding the fundamentals of the stocks to be purchased, is not a wise decision,” he concluded.
Previously, President Prabowo Subianto stated that investing in stocks is akin to gambling for small investors, as it requires substantial capital.
“If small investors play in stocks, they will definitely lose. For small investors, stocks are essentially like gambling. The ones who win are the big players, the strong ones,” said Prabowo during the opening of the 2024 Muhammadiyah Tanwir Assembly, broadcasted virtually on Wednesday (December 4, 2024).