3 ms·
you are confusing various scenarios with the expectation. If you believe that a 50% decline is not justified rationally, meaning by expected future cashflows o
by vasilipupkin 11y ago
you are confusing various scenarios with the expectation. If you believe that a 50% decline is not justified rationally, meaning by expected future cashflows of this asset, then the asset is by definition underpriced and you should buy it. Or, stop claiming that the decline is irrational. Or, define better what you mean by irrational
- eogjnjoeg 11y agoYou missed the key point of my post which is that your purchase at 0.5x will almost certainly be broken by the exchange, so the odds aren't what you naively pretending they are. This ignorance on your part means that you misunderstand what would be rational. And the arrogance on your part means that you felt it appropriate to be a dick to somebody who understands the problem space better than you do. You are an ignorant and arrogant fool who is dunning-kreugering himself. Don't bother responding; I already know that you're an arrogant asshole who is not interested in a conversation, isn't capable of admitting error, and who won't ever be worthy of any form of respect. You're whale shit.
- monochromatic 11y ago> Be civil. Don't say things you wouldn't say in a face-to-face conversation. Avoid gratuitous negativity. > When disagreeing, please reply to the argument instead of calling names. E.g. "That is idiotic; 1 + 1 is 2, not 3" can be shortened to "1 + 1 is 2, not 3." https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html
- vasilipupkin 11y agoright. The scenario you described becomes irrelevant if you wait 2 days to sell.