This would be better if we formalized this with Matt Levine's Certificate of Dumb Investment. As he said: > I am open to compromise on the details. The point

This would be better if we formalized this with Matt Levine's Certificate of Dumb Investment. As he said: > I am open to compromise on the details. The point is that the right general approach to the problem of people buying dumb investments is to give them much, much, much clearer and starker and scarier warnings before they invest, and then much, much, much less sympathy if they do it anyway. https://marginalrevolution.com/marginalrevolution/2018/09/get-money-nothin-get-chicks-free.html https://marginalrevolution.com/marginalrevolution/2018/09/ge...