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> So you trick people by lying to them, and it's ok because you take their money indirectly via the stock market No one was arguing that it was indirect; the p
by dehrmann 3y ago
> So you trick people by lying to them, and it's ok because you take their money indirectly via the stock market
No one was arguing that it was indirect; the people who lost money took advice from an anonymous user on a forum on tiny companies they'd never heard of. The morality question is still interesting because it hinges on whether or not people knew they were playing a game with deception.
- d0gsg0w00f 3y agoThese situations always remind me of a quote from Clark Howard who was a radio host of personal finance shows. "It's almost impossible to get scammed if you're not a greedy person"
- dehrmann 3y agoMad props to Clark Howard. He's like the Mr. Rogers of personal finance. also: Bulls make money, bears make money, pigs get slaughtered.
- IncreasePosts 3y ago"Can't con an honest john"
- lazyasciiart 3y agoIt's not though. Greed isn't involved for all the well meaning naifs who are just wiring cash to bail out their wayward grandson after he called them on facebook, or received mail indistinguishable from a bill and sent back a check.
- d0gsg0w00f 3y agoSure. The quote doesn't sit well with that situation but it works for the topic of discussion.