Hacker News new | ask | show | jobs
by betwixthewires 1605 days ago
By that logic, anything with downside risk is not morally clean. If you buy anything with the plan, secondary or not, to sell it later for some profit of some kind, you're taking from a sucker. Housing, the used car market, commodities, the stock market, everything is a greater fool scam.

But when you look at these things from the individual perspective, we all take a risk when buying things. The people that don't assess their risk when they buy lose, the ones that do don't lose.