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WSB was meant to be the antidote to all those investing forums where people sit around talking about how much smarter they are than everyone else and how they w
by LarsAlereon 4y ago
WSB was meant to be the antidote to all those investing forums where people sit around talking about how much smarter they are than everyone else and how they will use their superior knowledge to make all the money and get all the women. WSB was about posting about how you just had the dumbest idea ever and are going to lose so much money that your wife will definitely leave you for her boyfriend. It wasn't literally about celebrating losing money, it was about starting from a place of humility and being honest about expectations.
Overall this entire situation has made clear why there have always been such strong restrictions on individuals using risky investment strategies. It can lock people out of gains, but many simply shouldn't be able to ruin their lives so easily.