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> the likelihood of failure is high but the expected value is positive Except when the new technology was proposed and marketed by a loony, of course.
by smikhanov 6y ago
> the likelihood of failure is high but the expected value is positive
Except when the new technology was proposed and marketed by a loony, of course.
- marvin 6y agoYes, all those poor Tesla IPO investors who got misled by a loony are lining up for shareholder lawsuits and yelling for prosecution, due to the obviously financially irresponsible management of their investment. (Refresh my memory here - would an 88X return on investment after IPO be classified as high returns on a high-risk investment?)
- smikhanov 6y agoI sense some notes of disagreement with calling the Tesla CEO "a loony"