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by JumpCrisscross 11 days ago
> 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.
1 comments
kubb 11 days ago
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.
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JumpCrisscross 11 days ago
> 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.

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jen729w 10 days ago
> 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.

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