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The fact that people are putting their money on the line without realising this extremely basic fact of finance is concerning to say the least. And the fact th
by HL33tibCe7 4y ago
The fact that people are putting their money on the line without realising this extremely basic fact of finance is concerning to say the least.
And the fact that YC actually invested in this company which claimed to contravene that basic rule is staggering.
- oefrha 4y ago> without realising this extremely basic fact of finance More like claiming they didn’t know when they lose it all. Admitting “I gambled and I lost” isn’t a recipe for sympathy and possible compensation.
- Nextgrid 4y ago> And the fact that YC actually invested in this company which claimed to contravene that basic rule is staggering. StableGains was skimming off the top so they weren’t directly exposed to the risk of the underlying asset.