CyborgMarx [any, any]@hexbear.net to chapotraphouse@hexbear.netEnglish · 19 days agoThe folks on r/Wallstreetbets are going through ithexbear.netimagemessage-square48fedilinkarrow-up1162arrow-down10
arrow-up1162arrow-down1imageThe folks on r/Wallstreetbets are going through ithexbear.netCyborgMarx [any, any]@hexbear.net to chapotraphouse@hexbear.netEnglish · 19 days agomessage-square48fedilink
minus-squareDessa [she/her]@hexbear.netlinkfedilinkEnglisharrow-up18·edit-219 days agoIts just buying different shit. You might pick up some stocks from some different sectors, maybe some bonds, some commodities, etc. The issue right now is that everything is tanking.
minus-squareFirefly7 [any]@hexbear.netlinkfedilinkEnglisharrow-up24·19 days 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-up12·19 days agogive me enough leverage and I can accrue more debt than the world
minus-squareBodyBySisyphus [he/him]@hexbear.netlinkfedilinkEnglisharrow-up7·19 days agoThat’s what options are for!
minus-squaremerthyr1831@lemmy.mllinkfedilinkEnglisharrow-up3·18 days 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.
Its just buying different shit. You might pick up some stocks from some different sectors, maybe some bonds, some commodities, etc.
The issue right now is that everything is tanking.
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.