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Do you feel the same way about $5 in lottery tickets turning into hundreds of millions of dollars? I suspect not, because you think of lottery winnings in terms
by mrkurt 15y ago
Do you feel the same way about $5 in lottery tickets turning into hundreds of millions of dollars? I suspect not, because you think of lottery winnings in terms of all the "losers". There are plenty of losing investments, firms, etc.
- andrewfelix 15y agoYes I do feel the same way about lottery tickets.
- mrkurt 15y agoWell I sure assumed wrong...
- rodly 15y agoYou clearly don't understand risk/reward then. It seems to me like you don't like the idea of people earning more than you deem they are due to earn. Investments and the like are not a statically defined 9-5 job. That's why most people don't invest and even fewer invest profitably. It requires a combination of luck, intelligence and foresight to make good investments. Just as making ~75 million on a $250k investment is absurdly high, making $0 on $250k is absurdly bad. It would take most people 4-5+ years to save that much money. That's an insane amount of money to lose on a company that lets you put a filter on your photos.
- deleted 15y ago[deleted]