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If you lost your life savings on GME, you deserve to starve edit: the only way you could be losing your life savings on GME is with a dumb, arrogant short posi
by anewaccount2021 6y ago
If you lost your life savings on GME, you deserve to starve
edit: the only way you could be losing your life savings on GME is with a dumb, arrogant short position. yes, you should starve...isn't this what a short sale is anyway? A bet that someone else will starve?
- marcinzm 6y agoPersonally I prefer to not be stabbed to death by a starving person who lost their life savings on GME so they can steal $10 from my wallet. Massive societal implosions tend to have a large blast radius.
- girvo 6y agoSo basically, “heads I win, tails you lose” for the institutional investors because you’re worried about the possible fall out?
- marcinzm 6y agoThe comment I replied to was "Good free markets should be free. No government bailouts no problem." Not "no bailouts for hedge funds doing shorts." See the distinction?
- imtringued 6y agoI think you don't appreciate how angry people on WSB are. It's pure distilled anger. They want to relieve that anger somewhere and do it nonviolently. A handful of people losing money is the perfect pressure valve. If you deny them this opportunity to vent their anger then they are highly likely to stab you, not because they wanted $10 from your wallet, nah it's because they are still angry and want someone to pay for it and going by the events that lead to WW2 a lot of them considered a life to be an equally valid price.
- imtringued 6y agoPeople on WSB tell you these things all the time: Never use margin trading. Only invest what you can lose. Remember, they have grown thick skin and know what losing money is like. It only takes one lesson to learn that.