RE: Archegos Another Story Of Leverage
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These YOLO people going 10x, 50x, 100x leverage ... they make me feel like a conservative fart, HAHAHAHA ... pretty nutz
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It's a pretty good trade for them though, if you win, you win big, if you lose, you borrow more until you win big
kind of like the "double or nothing bet", you convince someone to keep betting until you eventually win. hmmm, sounds good on paper... until the loan sharks come and break your thumbs. (-: but yes, many have made millions