[kubb]

No sympathy from me. I just wish it happened more to people who overpay for stuff like houses or Tesla stock.

[JumpCrisscross]

> I just wish it happened more to people who overpay for stuff like houses or Tesla stock

That's pretty mean. I disagree with a lot of people on their investment choices and evangelism. That doesn't mean I want them to suffer for it.

[kubb]

It’s not that I want them to suffer, it’s that them being rewarded incentivizes suboptimal behavior and outcomes. Markets don’t work anymore. Which results in even more suffering.

[JumpCrisscross]

> them being rewarded incentivizes suboptimal behavior and outcomes

What if they're choosing correctly? Like, I've been pretty consistently critical of crypto. Yet I'm glad my index funds have to buy Coinbase.

[jen729w]

> Yet I'm glad my index funds have to buy Coinbase.

Curious why? Its chart is a nightmare – up and down like a yo-yo. Not something I'd want to have to depend on.

[itemize123]

how come? this is a very weird take- why is the focus on ppl suffering instead of like fairness or capital / market efficiency ?