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by antidesitter 2833 days ago
Why is this strategy “crass greed”?
2 comments
tedunangst 2833 days ago
You're supposed to say "Be fearful when others are greedy and greedy when others are fearful" and then you sound kind and wise like Warren Buffet.
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ISL 2833 days ago
Indeed, it puts a floor on prices in freefall. If someone needs to sell, and nobody is willing to buy, the price goes to zero.
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