>Is there some kind of secret club for all rich people where one of the rules is that you should only invest your money in scams? That's the most rational expla

>Is there some kind of secret club for all rich people where one of the rules is that you should only invest your money in scams? That's the most rational explanation I can come up with. It's because when you have an absurd amount of money, you can afford to speculate on every stupid idea imaginable on the slight chance of turning their (to them) small investment into ridiculous money. Why else is Tesla stock up 1400% in a year? It's rampant speculation. The stupidest outcome is probably the most likely outcome when it comes to finance.