5 ms·
The maxim "The market can stay irrational longer than you can stay solvent" applies (sort of). Just because it's nonsense doesn't mean that a bunch of people a
by vertis 5y ago
The maxim "The market can stay irrational longer than you can stay solvent" applies (sort of).
Just because it's nonsense doesn't mean that a bunch of people aren't going to make significant amounts of money before it fades away.
- UncleMeat 5y agoOf course. And a lot of people will lose a lot of money. And it is tricky to ensure you are in the former group.
- Andrew_nenakhov 5y agoThat bunch of people is not going to make significant amounts of money, they will take significant amounts of money from other people, giving nothing in return. I believe that in English language fraud is an appropriate word for such enterprises.