News for hackers. Stuff that matters.
Re:Well-behaved bubbles often make history by nradov on Tuesday June 15, 2021 @09:49PM (#27524003)
There's nothing wrong with speculating using other people's money as long as you're honest about it. Most mutual funds operate that way.
Re:Well-behaved bubbles often make history by lmm on Tuesday June 15, 2021 @10:33PM (#27524240)
Do mutual fund investors accept that their money is on the line? As the saying goes, a financial crisis is when someone loses money and it's socially unacceptable for them to not be paid back. So perhaps a bubble is when you speculate with money that it would not be socially acceptable to lose.
Re:Well-behaved bubbles often make history by nradov on Tuesday June 15, 2021 @10:39PM (#27524272)
Yes mutual fund investors accept that their money is on the line. Many mutual funds have negative returns. Your definition of a bubble makes no sense.