Elizabeth Holmes is sentenced to more than 11 years for fraud

Re:Elizabeth Holmes is sentenced to more than 11 years for f... by JamesianP on Friday November 18, 2022 @08:52PM (#33665869)

> If your strategy makes a lot of money for years, but then loses more than anything you've ever earned, it's a crappy strategy.

Depends who's money you're playing with. If you profit on the way up and only your customers lose on the way down. Then high-risk strategies are (unfortunately) always better.

My trading strategy has never made me billions nor lost billions. Yet I kinda feel like there's a solid possibility many of these fools will end up waaay better off than me. Assuming they can stay out of jail.

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Re:Elizabeth Holmes is sentenced to more than 11 years for f... by tartoran on Friday November 18, 2022 @09:51PM (#33666305)

Some of these fools stash the wealth on the side for when they get out of jail. During their sentence they take classes, meditate and self actualize or possibly write a book about some life lesson they just learned in prison. White collar crime is quite lenient in punishments, jail may even be a good experience for some

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