Hedge fund Melvin sustains 53% loss after Reddit onslaught

Re:Hedge fund Melvin sustains 53% loss after Reddit onslaught by aaron695 on Monday February 01, 2021 @12:31AM (#25985840)

I think you'll find it's not a real implementation. OP's example requires 2^100 people ~10^30

It's a similar problem with the email list.

50+ years ago Scrooge McDuck also had this happen to him. He had a treasure map for gold (In Antarctica I think) which he got conditional on profit sharing and he found gold.

The map sellers ran this scam, sold heaps of different maps because someone would find gold.

I personally don't think Scrooge McDuck was just lucky though.

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Re:Hedge fund Melvin sustains 53% loss after Reddit onslaught by imtringued on Monday February 01, 2021 @03:52AM (#25986848)

I think this is the first instance of plot armor protecting exclusively against financial loss.

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