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Love to see people coming AFTER, telling everyone how wrong they were. Did you short SVB? You must have known it was coming right?
by jeromegv 4y ago
Love to see people coming AFTER, telling everyone how wrong they were.
Did you short SVB? You must have known it was coming right?
- DubiousPusher 4y agoWhat? I'm literally saying the opposite. Not that you should try to predict the future and pick a winner but that you cannot possibly know who is a winner and who is a loser and therefore you should be diversified. Just depositing all your money to one account seems like a neutral activity but it is not. It is in fact an implicit bet. It is a statement of faith in the institution who holds it, whether you realize it or not.