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by jeromegv 1198 days ago
Love to see people coming AFTER, telling everyone how wrong they were.

Did you short SVB? You must have known it was coming right?

1 comments

What? I'm literally saying the opposite. Not that you should try to predict the future and pick a winner but that you cannot possibly know who is a winner and who is a loser and therefore you should be diversified.

Just depositing all your money to one account seems like a neutral activity but it is not. It is in fact an implicit bet. It is a statement of faith in the institution who holds it, whether you realize it or not.