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A comment on The SEC Wants Investors to Stop Buying the Wrong Zoom Stock – Nasdaq. Parent comment

Re:The SEC Wants Investors to Stop Buying the Wrong Zoom Sto... by vikramkr on Sunday March 29, 2020 @06:53PM (#22723525)
Technically everyone can be rational if their utility curve is optimized by buying the wrong zoom
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Re:The SEC Wants Investors to Stop Buying the Wrong Zoom Sto... by mardifoufs on Sunday March 29, 2020 @07:10PM (#22723606)
Yep! I think Matt Levine talked about that recently. Though to be honest, speculating on an almost "fake" stock isn't exactly rational (from the perspective of an individual market participant) because there is no way to even try to optimize the utility curve.
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Re:The SEC Wants Investors to Stop Buying the Wrong Zoom Sto... by vikramkr on Sunday March 29, 2020 @07:37PM (#22723757)
Unless you find it fun to gamble. Risk seeking utility curve
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Re:The SEC Wants Investors to Stop Buying the Wrong Zoom Sto... by mardifoufs on Sunday March 29, 2020 @07:50PM (#22723846)
Ah! But we already have SPY options if you want your fix of purely degenerate gambling. I won't disagree that it's super fun! ;)
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Re:The SEC Wants Investors to Stop Buying the Wrong Zoom Sto... by vikramkr on Monday March 30, 2020 @08:44AM (#22727556)
Some of my professors would include tesla in that list haha. To each their own!
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