4 ms·

Is an option "the riskiest stock," though? It's a financial instrument and not the stock itself, no?

• nightski 4y ago
  Sure if you are being pedantic you got me. I was just trying to make the point that there are very risky positions you can hold in traditional finance as well and you can be down thousands of percent.
  • greatwave1 4y ago
    > Crypto is performing far worse than even the riskiest decile of the stock market. Which should surprise nobody. > This is not true. The riskiest stocks are down thousands of %. I mean, sure looks like you were trying to argue that crypto isn't performing worse than the riskiest decile of the stock market, which just isn't true at all.
    • nightski 4y ago
      It is though. There are plenty of growth stocks down 80%. Many of which were being pushed heavily by the Youtube finance crowd. The same ones peddling FTX (cough)...
      • greatwave1 4y ago
        Just because you can find some individual stocks that are down 80% (and keeping in mind that 80% != thousands lol), doesn’t mean that the most volatile decile of the stock market hasn’t outperformed crypto. The iShares Small Cap Growth ETF (which is a probably a decent proxy for the most volatile companies in the market) is only down 13% on the year.