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They recovered their money but what about the opportunity cost? Its actually an economic loss. In retrospect given the risk it was a pretty terrible investment.
by utyop22 1y ago
They recovered their money but what about the opportunity cost? Its actually an economic loss. In retrospect given the risk it was a pretty terrible investment.
- fancyfredbot 1y agoAgree - as I said it's a bad investment with hindsight. If you don't have hindsight then passing on FTX probably implies passing on some successful opportunities too. So another opportunity cost and possibly a larger one.