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Worthwhile part: >Call it Madoff’s Law. Where there are consistent returns, it doesn’t mean that the risk is reduced, it means you can’t see the risk. Worthle
by jam 17y ago
Worthwhile part:
>Call it Madoff’s Law. Where there are consistent returns, it doesn’t mean that the risk is reduced, it means you can’t see the risk.
Worthless part:
>I would create additional forms of licenses (...) that any financial institution can apply for (...) and receive for a new financial instrument.
- Dilpil 17y agoYup. Spot on with his analysis of the problem, completely off with his idea for a solution.