It's a good thing Luis lost all his money. Here's why. (DTP)
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Date: December 5th, 2018 5:57 PM Author: Puce whorehouse lettuce
Luis knew he was holding worthless junk. he just wanted to dump it onto later bagholders.
in any zero-sum bubble like this, for anybody to make a ton of money at the top, it requires 100 people to lose all their money on the way down.
luis still isn't at loss. he's almost doubled his money in fact. it's far preferable that luis "only" gets double his money, or even that luis loses everything, than it would have been for luis to cash out $2 million while some hapless korean housewives and 90 IQ cab drivers lose their savings
that's all there is to it. you're an idiot if you disagree with me here.
(http://www.autoadmit.com/thread.php?thread_id=4149752&forum_id=2#37356334) |
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