3 ms·
that doesnt seem like super great returns
by fruitworks 7mo ago
that doesnt seem like super great returns
- mindslight 7mo agoIt ain't much, but it's honest work.
- camgunz 7mo ago~40% in a few months is epic
- bonesss 7mo agoI think it’s the framing. ‘Bet’ makes us think about doubling up. This guy made a very calculated low risk wager for pretty great near-term rewards. He outperformed most hedge funds over the same period. If he had gone all in on ‘black’ twice at a Vegas roulette wheel it’d be a more impressive total, but that’s gambling.
- currymj 7mo agoif you think of it like a bond it’s pretty fantastic. coupon rate 3.5% and you got it at a giant discount to par even though it’s actually (according to this guy’s beliefs which proved correct) nearly certain to be repaid.