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> they’re all nervously watching the real-time changes of their $1000 portfolios to see if they need to be sad about losing money because it’s crashing or sad a
by teach420 6y ago
> they’re all nervously watching the real-time changes of their $1000 portfolios to see if they need to be sad about losing money because it’s crashing or sad about not investing more money because it’s going up.
I'd say those students are learning a lot.
A few could make a profit or loss that is life-changing to them (this might also be a surprisingly small amount of money), and they are also presumably learning how to assess their risk profile in reality (as user warent describes in their comment) and be less likely to squander a much larger portfolio later.
- PragmaticPulp 6y agoIn this case, these are mostly software engineering students. They stand to gain more from their first signing bonus or even first paycheck than what they'd see from 10Xing most of their investments. From a mentor perspective, it's exhausting to hear students complain that they don't have any time to study or schedule interviews, then watch them spend 4 hours talking in the group Slack about their Dogecoin speculation theories.