4 ms·
It is a bit pedantic but the truth is that you never really had it but nobody noticed before. If you invest in a ponzi scheme and your nominal value was $1M but
by Nasrudith 7y ago
It is a bit pedantic but the truth is that you never really had it but nobody noticed before. If you invest in a ponzi scheme and your nominal value was $1M but you only put in $10K you didn't lose $1M you lost $10K plus opportunity costs.