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by rbanffy 25 days ago
> you will do well for a while as there are many fools around.

Ideally, you pass your meme stocks to greater fools before they collapse. You then move to the next meme, rinse and repeat. You can do well for a surprisingly long time.

Not being a misanthropist has been expensive to me.

1 comments

Same here; it's expensive to not be a crook at heart (at least short-run expensive. I think it is far better long-run) .
I understand the point of being able to sleep at night, but lacking a yacht and a business jet of my own, alongside several holiday residences on different tax jurisdictions, is certainly an inconvenience.