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Lorem ipsum
Sep 25, 2007
IF I REPORT SOMETHING, BAN ME.

Zaphod42 posted:

Its key to remember that this is an entirely zero-sum game.

It actually isn't zero sum. You are assuming a few things that aren't true:

1) Magin trading doesn't exist
2) No new money comes into or leaves the market
3) Firms don't go bankrupt
4) Inflation doesn't exist

I agree about the "no smart money here" bit though.

Lorem ipsum fucked around with this message at 20:02 on Feb 9, 2021

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Lorem ipsum
Sep 25, 2007
IF I REPORT SOMETHING, BAN ME.

Zaphod42 posted:

Stocks in general aren't a zero sum, but profiting off a bubble is entirely zero-sum.


More firms profited off this then went bankrupt. So if anything, if we're talking about for redditors, its negative-sum then.

Inflation doesn't effect bubbles, at least not one like this. All of this is way too short term. Its just a money lottery.

My mistake, I thought you were talking about the market as a whole.

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