Nipate

Forum => Kenya Discussion => Topic started by: KenyanPlato on December 25, 2020, 08:17:46 PM

Title: Gambling at Wallstreet bet these guys are crazy
Post by: KenyanPlato on December 25, 2020, 08:17:46 PM

https://www.reddit.com/r/wallstreetbets/comments/kjyzh7/a_sir_jack_a_lot_christmas_carol_my_magnum_dong/

This guy turned $35K gamble into $1.75 million

A SIR_JACK_A_LOT Christmas Carol - My magnum dong opus on turning $35K to $1.75M (50X) in less than a year

Title: Re: Gambling at Wallstreet bet these guys are crazy
Post by: Georgesoros on December 25, 2020, 09:21:16 PM

I like that he is able to do it, but it is a danger to the whole system

Title: Re: Gambling at Wallstreet bet these guys are crazy
Post by: KenyanPlato on December 25, 2020, 10:17:14 PM

Quote from: Georgesoros on December 25, 2020, 09:21:16 PM

I like that he is able to do it, but it is a danger to the whole system

no he is not a danger to the whole system. On the other side of his bet someone lost. So the market sorts this out that way

Title: Re: Gambling at Wallstreet bet these guys are crazy
Post by: Georgesoros on December 26, 2020, 06:10:07 AM

Quote from: KenyanPlato on December 25, 2020, 10:17:14 PM

Quote from: Georgesoros on December 25, 2020, 09:21:16 PM

I like that he is able to do it, but it is a danger to the whole system

no he is not a danger to the whole system. On the other side of his bet someone lost. So the market sorts this out that way

This iswhat happened during the tech bubble, housing bubble etc. IT WILL HAPPEN...
Money has been so cheap and something gotta give.