3 ms·
I remember reading about meltdown and spectre here first, and thinking “huh, I should short intel stock before this goes public.” I was too green to understand
by cheschire 9y ago
I remember reading about meltdown and spectre here first, and thinking “huh, I should short intel stock before this goes public.”
I was too green to understand just how far ahead HN is though, and I just watched instead as it all played out without me.
- aw3c2 9y agoThere really has not been a long-term drop in the stock so that would have been (and still would be) very risky. You were smart not doing it.
- cheschire 9y agoYes, shorting a stock is not a long term investment tactic, and it is risky. "Smart" is, in my opinion, too subjective a term to use in this particular situation. I was too risk averse at the time to take action, and part of my risk aversion was based on my lack of trust in the foresight of HN articles.
- gnode 9y agoI think there's still a lot of uncertainty in this, given that Intel can benefit from everyone replacing their broken processors with new ones.