4 ms·
Maybe it weeds out the more stupid investors.
by lmz 4y ago
Maybe it weeds out the more stupid investors.
- che_shirecat 4y agounironically, yes. in an ideal capitalist system, money should flow to those who can best allocate it, so stupid investors losing $$$ to more savvy investors in financial pvp is the market working as intended.
- kolbe 4y agoIn a libertarian world, you're right. But in the USA today, those "stupid investors" are often pension funds who will just tax you more when they lose it all.