4 ms·

Good. More from among the richest should follow him.

• rebuilder 8y ago
  Who do you think was on the other side of this bet?
  • expertentipp 8y ago
    Households paying their monthly electricity bills?
    • HeadsUpHigh 8y ago
      Other rich people who got richer.
  • rebyn 8y ago
    Mind if I ask who? Honest question :).
    • rebuilder 8y ago
      I don't know, it's not even exactly clear to me what kind of trade was in play here. My point was, the other side probably wasn't Joe Average. IOW, while you can frame this as a rich man losing due to greed, that's just another way of saying some other rich person won big. Exaggerating here, there were probably multiple counterparties and I'd think they were probably institutional investors, or maybe power companies.