[leoedin]

The entire article is about how "dumb money" is distorting things. The distinction between dumb and smart money is irrelevant - VC money is distorting the economy in a way which benefits a handful of large investment firms and destroys many viable businesses.

[partingshots]

> A fool and his money are soon parted.

[Red_Leaves_Flyy]

In the time between a fool acquires money and becomes destitute they can topple governments, commit genocides, destroy ecosystems and generally terrorize billions of people. I don't care about a billionaire losing everything on craps. I care greatly about idiots usurping democracy in coups, force feeding propaganda through willfully oblivious social media companies, and other melt methods.