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by DCF
1970 days ago
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>But one guy taking a negative expected value bet and winning big doesn't really help all the other little guys on WSB who got roped in to buying GME at 100+ today I don't disagree with your post overall, but do want to give some credit to the particular user being discussed. He had a solid bull value thesis that was well thought out and not at all based on memes, with the short squeeze potential being a mere afterthought. He has a great youtube channel where he explains his thesis in-depth. While he posts occasionally on WSB he does not seem to fit the wild gambler image that WSB has. I don't have enough experience or knowledge to speak intelligently on whether his play was actually negative or positive expected value but it was not a random gamble. Just felt the need to throw this out there because with all the attention this is getting I've seen him unfairly (in my opinion) being grouped with the admittedly large amount of people who are essentially just gambling. |
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