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I'm not sure I'm on board with that lead analogy because everyone's investing goals are different. I'd say WSB encourages highly volatile, short-term investmen
by awb 6y ago
I'm not sure I'm on board with that lead analogy because everyone's investing goals are different.
I'd say WSB encourages highly volatile, short-term investments. For most people that's bad advice. For others, they'd much rather be broke or a millionaire than wait 40 years for their savings to steadily accumulate into a reasonable nest egg.
- ikiris 6y agolead is a great analogy here because its a sweetener.
- retsibsi 6y agoIt's not just the goals, it's the reasoning. There are highly upvoted advice posts that are transparently illogical and/or based on factual errors.
- Ntrails 6y agoI popped on at the height of the turn to see multiple posts about a "short ladder attack", a concept that exists nowhere except in the echo chamber of WSB. The groupthink levels are enormous and frankly terrifying