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If your argument is that a few years of irrational market pricing is meaningful, then boy do I have some Enron shares to sell you in 2001.
by RC_ITR 4y ago
If your argument is that a few years of irrational market pricing is meaningful, then boy do I have some Enron shares to sell you in 2001.
- jacquesm 4y agoThat's definitely true. What - unfortunately in some ways - is also true is that a lot of people cleaned up on both Enron and bitcoin. They did this ultimately at the expense of other people but those people too were trying to do the exact same thing. It's effectively one group of greedy people feeding off people that are greedy too but a bit later to the musical chairs game. And so they end up without chairs, but if you start such a game you already know that somebody is going to end up without a chair, you just hope it won't be you.