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Now -THAT- is a hack. Bravo. As for this quote: He’s just ruined his corporate life forever. I'd say he's just cemented himself as an incredible strategist
by gstar 17y ago
Now -THAT- is a hack. Bravo.
As for this quote:
He’s just ruined his corporate life forever.
I'd say he's just cemented himself as an incredible strategist that will be fairly in demand!
- gaius 17y agoYeah, you couldn't ask for a more glowing reference.
- tspiteri 17y agoHe made millions, but he didn't generate any wealth, he just worked the system. I won't say Bravo.
- gstar 17y agoThat's why I called it a hack. Fundamentally, it's not much different to gambling with an advantage - there were certainly a lot of opportunities for him to lose. I don't think this called for a suspension of ethics, rather more of a disregard for the establishment. Look, legally exploiting a flawed system to produce a net benefit for oneself isn't fundamentally evil. In fact, in this situation it seems (fortunately) that his actions eventually bailed out a whole lot of small-time investors.
- idiopathic 17y agoWhat about using the other investors to blackmail management and then selling out these investors when management paid him off? When someone is this smart, the responsibility to be good is even more pressing and the condemnation for being bad should be more loud. And yes, I am judging.
- DTrejo 17y agoIn a way he did make wealth by increasing the market's efficiency no?
- cabalamat 17y agoYou're right, he didn't generate any overall utility. But on the other hand, he didn't create overall disutility (i.e. harm people). So he's in a better moral position that Nathan Myrvold or other patent trolls.
- cabalamat 17y agoIndeed. What the guy who said that quote really meant was "Boo hoo, he's made us look stupid". Bolton will probably be a billionaire by the time he's 50.