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Some variation of "If you owe a bank thousands, you have a problem, but if you owe a bank millions, the bank has a problem" probably applies here. If crazy ret
by ForHackernews 6y ago
Some variation of "If you owe a bank thousands, you have a problem, but if you owe a bank millions, the bank has a problem" probably applies here.
If crazy retail investors can bankrupt Robinhood or other over-leveraged brokerage firms, that's also a win for the little guys.
I don't think many HN posters with their stable, extremely well-paid technology careers can truly empathize with the strain of aggressive nihilism on display at WSB.
"I'm only gambling with my future, so nothing to lose."