3 ms·
Why would most people who invest lose their money? Assuming their investments are diversified and made in well-run businesses, or high-grade bonds.
by triceratops 4y ago
Why would most people who invest lose their money? Assuming their investments are diversified and made in well-run businesses, or high-grade bonds.
- rglover 4y agoBecause they do so foolishly and with a bias toward the short-term. All of the people losing money on Bitcoin and crypto were trying to get rich quick and predictably got burned. Just like people who only hold a stock for a few days or try to get in on an option play like GME or AMC at the last minute.