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[-] matlag@sh.itjust.works 6 points 1 year ago

You're missing a non-formulated assumption that you should have diversified your investments, so it's 100$ in Amazon, and 100$ in competitor2, 3, 4,... Get to 10 and you have a good chance 1 or 2 will make it!

What? You can't afford 1000$ of risky investments per month??

[-] Willy@sh.itjust.works 1 points 1 year ago

Bezos wasn’t diversified like that though

[-] Bronzebeard@lemmy.zip 4 points 1 year ago* (last edited 1 year ago)

He gambled and it happened to pay off.

For every one of these success stories there's thousands of families. Take speak at r/wallstreetbets. Practically a daily post about someone blowing up their account on a risky bet. And those are just the ones who feel like sharing

this post was submitted on 09 Jul 2025
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