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by windexh8er
1 day ago
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But that's not what they want to see. They want to see that AI is a savior for all. The psychosis of what AI is, especially in these comment walls, is unfortunately and spectacularly real. Anyone who's done any amount of investment can see this through the lens of history and I'm right there with you. This is the Lehman Brothers stage of the game and SA could be that "one". But Bro, we're still up 80%! - even WSB isn't filled with this level of ignorance. |
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A fund went up 400% by making a few highly leveraged, concentrated bets. The market moved against its leveraged positions and it was forced to quickly sell to a rival fund, at only an 80% profit.
Nothing about that is meaningfully the same as Lehman Brothers other than the most superficial aspect of "A financial thing went down fast"