Re:SpaceX’s monstrous, dirt-cheap Starship may transform spa...
by signatoremo on Friday February 18, 2022 @08:13AM
(#30385273)
> Softbank seemingly hasn't ran out of money, despite making about the worst investments anyone can have done.
Classic armchair expert. It’s amusing that when they made a fortune with Alibaba many people here dismissed it as luck, and yet when they lost money they became the worst investors ever.
Re:SpaceX’s monstrous, dirt-cheap Starship may transform spa...
by ohgodplsno on Friday February 18, 2022 @09:18AM
(#30385922)
That's not the point. Softbank has been bleeding money for years, pissing it off on some of the worst possible investments. You know what's happened to them ?
Fuck all, because they simply have so much money that they don't really give a damn.
Softbank seemingly hasn't ran out of money, despite making about the worst investments anyone can have done. The people who don't last long are you or I, people who can put 10k max. The large investors have more money than sense, and can afford to do so.
> The company tricks the consumer - not the investor.
If I give you the money to commit a crime, I am partly responsible for the crime. I don't know why, in your mind, investors should be treated differently, aside from hoping that you'll one day be the one that invests into a company and make loads of money tricking people.