WeWork lays off 2,400 employees

Re:WeWork lays off 2,400 employees by perl4ever on Saturday November 23, 2019 @07:53PM (#21617633)

Overall I agree with the point, but I was considering the idea of risk and the stock market, and I looked at what kind of return you would get if you invested in a major index at a peak and sold at the low point, and historically it's been in the ballpark of -70%.

So the odds are lower and the timescale is longer, but you could still lose more, potentially.

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Re:WeWork lays off 2,400 employees by verelo on Sunday November 24, 2019 @04:21PM (#21623511)

The issue i have with all these arguments is that while you can turn x into 2x, when you layer on interest, taxes, and any fees you encounter in the process...your cut won’t be what you thought it was going to be. Making money isn’t cheap and anyone who thinks it is hasn’t actually tried to do it yet.

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Re:WeWork lays off 2,400 employees by perl4ever on Sunday November 24, 2019 @05:18PM (#21623845)

That's a negative 70% in the worst case. I wasn't talking about making 70%.

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