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Re:FTX’s balance sheet was bad by jsemrau on Monday November 14, 2022 @03:56PM (#33600900)
> read comments Caroline made on her blog/tumblr? Isn't that the Martingale strategy?

> It's incredible these people managed to create a company size of FTX.

Didn't they got hundreds of millions in play money from their network (school friends). This worked while everything was going up and new cash was coming in.

Re:FTX’s balance sheet was bad by DebtDeflation on Monday November 14, 2022 @05:46PM (#33602460)
>This worked while everything was going up

"Never confuse being long in a bull market with genius."

--John Bogle