6 points | by petethomas 6 hours ago ago
2 comments
This would be the ideal outcome, as it would reward disciplined investment. Let dumb money get burned a few times and it will get smart or disappear.
It would burn everyone, not just disciplined. Did 2007 exclusively burn those who invested in CDS' or overleveraged themselves with mortgages?
This would be the ideal outcome, as it would reward disciplined investment. Let dumb money get burned a few times and it will get smart or disappear.
It would burn everyone, not just disciplined. Did 2007 exclusively burn those who invested in CDS' or overleveraged themselves with mortgages?