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This makes no sense. Masa has at least 2 extraordinary investments and Zuck bought Insta for 1 billion USD.
by piker 4mo ago
This makes no sense. Masa has at least 2 extraordinary investments and Zuck bought Insta for 1 billion USD.
- camillomiller 4mo agoAnd then spent 80 billion on the Metaverse, while actively making the world a worse place. Masayoshi son has lost absolutely stupid amount of money on things like WeWork, which he deemed as revolutionary as "AGI", which he is still pushing as inevitable. These are immensely stupid people, with a lot of capital and non-existen ability to self-reflect or care, both enormous advantages when you play a game that favors carelessness.
- InsideOutSanta 4mo agoIt's like somebody winning the lottery once, constantly investing all of their money into more lottery tickets, and going "holy shit, look at how smart I am at picking lottery numbers; I've already won something four times!"
- zemvpferreira 4mo agoGiven that the lottery has a typical expected value of -$1.00 per ticket you really should revise your opinion of how lucky/smart these people who repeatedly make tens of billions by pouring all their money into tickets are.
- camillomiller 4mo agoDavid Walsh and Zeljko Ranogajec would beg to differ: https://www.championbets.com.au/betting-academy-article/tassie-devils https://www.championbets.com.au/betting-academy-article/tass...
- zemvpferreira 4mo agoInteresting that you would use as an example two people who ingeniously built complex systems, through lots of hard and clever work, to turn the odds in their favour.
- InsideOutSanta 4mo agoSoftbank's past performance seems pretty random, so I'll stick to my opinion.
- microgpt 4mo agoWhat else can you do with your life after you're rich? Life is meaningless. Most of us strive for money - when you have money, what's left? You're the dog that caught the car.