3 ms·
He didn't lose $1M because he never had it. What he had was SVB stock, that he could have sold but didn't. Cry me a river.
by stathibus 4y ago
He didn't lose $1M because he never had it. What he had was SVB stock, that he could have sold but didn't. Cry me a river.
- tcbawo 4y agoIt’s unfortunate for anyone to lose such a sum of money. It’s a precautionary tale. Hearing these types of stories, if I were in a situation where I held a lot of equity in one stock, I might purchase put options to hedge my risk.