I just don't see the comparison one was a college aged tech founder making a product for college students the other was an AI maximalist who keeps riding red wi

I just don't see the comparison one was a college aged tech founder making a product for college students the other was an AI maximalist who keeps riding red without taking anything off running around the crowd cheering him on and pulling cash out their pockets pointing to the roulette wheel and saying it's always red! He's up, but he's wiped out because he was 4x leveraged, why was he 4x leveraged? Because he's a dumb kid who doesn't understand that markets have down days or how margin calls work. The same failure mode doesn't happen with facebook or rather, when giving money to a hedgefund in a bull market you expect at least some returns or that they will actually hedge. Not fuel a mid 20s gambling addiction. As of now most of the cash is in a private position with the worst of the AI companies. If you want to show how smart you are don't waste your time predicting the future, since it's a fools errand. The belief that intelligence makes you better at prediction ironically makes you stupid.