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Re:Statement of SEC Regarding Recent Market Volatility by ForHackernews on Friday January 29, 2021 @11:16AM (#25958844)
Some variation of "If you owe a bank thousands, you have a problem, but if you owe a bank millions, the bank has a problem" probably applies here.

If crazy retail investors can bankrupt Robinhood or other over-leveraged brokerage firms, that's also a win for the little guys.

I don't think many HN posters with their stable, extremely well-paid technology careers can truly empathize with the strain of aggressive nihilism on display at WSB.

"I'm only gambling with my future, so nothing to lose."

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