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The alternative is just to not make stupid investments in the first place. The shareholders knew (or should have known) the risk. If "dumb money" hasn't purchas
by nradov 1y ago
The alternative is just to not make stupid investments in the first place. The shareholders knew (or should have known) the risk. If "dumb money" hasn't purchased the stock then the CEO wouldn't have been able to burn their capital.
- sidewndr46 1y agoaren't scenarios like this ultimately enabled by the application of the Greater Fool theory?
- nradov 1y agoNo one is required to be a fool. You can opt out.