CyborgMarx [any, any]@hexbear.net to chapotraphouse@hexbear.netEnglish · 1 month agoThe folks on r/Wallstreetbets are going through ithexbear.netimagemessage-square48linkfedilinkarrow-up1162arrow-down10
arrow-up1162arrow-down1imageThe folks on r/Wallstreetbets are going through ithexbear.netCyborgMarx [any, any]@hexbear.net to chapotraphouse@hexbear.netEnglish · 1 month agomessage-square48linkfedilink
minus-squareFirefly7 [any]@hexbear.netlinkfedilinkEnglisharrow-up24·1 month agoEven with everything tanking, it’s impressively bad investing to lose 100% of your investments on a <15% overall stock market downturn.
minus-squareHexboare [they/them]@hexbear.netlinkfedilinkEnglisharrow-up12·1 month agogive me enough leverage and I can accrue more debt than the world
minus-squareBodyBySisyphus [he/him]@hexbear.netlinkfedilinkEnglisharrow-up7·1 month agoThat’s what options are for!
minus-squaremerthyr1831@lemmy.mllinkfedilinkEnglisharrow-up3·1 month agoAh that’ll be it. They’ve gambled their entire portfolio (if you can even call it that) on a bunch of put options that suddenly became impossible to fill the moment the market rebounded. 5-dimensional chess move.
Even with everything tanking, it’s impressively bad investing to lose 100% of your investments on a <15% overall stock market downturn.
give me enough leverage and I can accrue more debt than the world
That’s what options are for!
Ah that’ll be it. They’ve gambled their entire portfolio (if you can even call it that) on a bunch of put options that suddenly became impossible to fill the moment the market rebounded. 5-dimensional chess move.