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> I just wish it happened more to people who overpay for stuff like houses or Tesla stock That's pretty mean. I disagree with a lot of people on their investme
by JumpCrisscross 5mo ago
> I just wish it happened more to people who overpay for stuff like houses or Tesla stock
That's pretty mean. I disagree with a lot of people on their investment choices and evangelism. That doesn't mean I want them to suffer for it.
- kubb 5mo agoIt’s not that I want them to suffer, it’s that them being rewarded incentivizes suboptimal behavior and outcomes. Markets don’t work anymore. Which results in even more suffering.
- JumpCrisscross 5mo ago> them being rewarded incentivizes suboptimal behavior and outcomes What if they're choosing correctly? Like, I've been pretty consistently critical of crypto. Yet I'm glad my index funds have to buy Coinbase.
- jen729w 5mo ago> Yet I'm glad my index funds have to buy Coinbase. Curious why? Its chart is a nightmare – up and down like a yo-yo. Not something I'd want to have to depend on.