3 ms·
> I bet I’m up more than you one year from today. Those are exactly the types of exuberant comments that are hyper prevalent before a crash.
by louthy 6y ago
> I bet I’m up more than you one year from today.
Those are exactly the types of exuberant comments that are hyper prevalent before a crash.
- quickthrowman 6y agoWhat are your positions? My retirement funds are 100% US equities, overweight tech. My taxable account is 150% into pure tech. I’m not just saying words on the internet, I’m putting money behind my thesis.
- freehunter 6y agoYep and there are plenty of gamblers on /r/wallstreetbets going broke (and sometimes committing suicide) following strategies like this. It may be working for you and you may have the risk appetite for it, but encouraging other people to pursue ultra-risky investments (really, to gamble with money they don’t have) is incredibly dangerous and has resulted in at least one human death.