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Joined 2 years ago
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Cake day: June 16th, 2023

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  • The legislature and violence monopoly are there to ensure all people have legal recourse instead of needing to turn to violence. If you corrupt that system and use it to oppress the masses, they become violent.

    I neither agree with, nor condone violence, but it does not surprise me at all. Just surprised that it took so long.



  • Business owner here who’s best employees earn at least as much as me: an often overlooked fact is the risk of invested time without equal payout for founding a business and ally the time until it eventually all works out.

    All the employees at my age bracket already bought a house, and although my business starts working out now, after 10 years invested, my kids don’t play in their own yard yet.

    We need people creating ethical business and they need to earn quite a lot more money after all that first to catch up money wise and then to justify the risk. Of founding at all.

    Most employees forget that for all their economic security there was somebody before them taking the risk and pay cuts to make that a possibility. Which is understandable, but sometimes a little sad. :/










  • You bet on a company in a specific market and hope it goes up. Then you diversify another investment into this specific market, but in multiple companies. But you short them a little. First case, company go up, wins go up. Second case, major desaster tanks the whole market you equalize the dumping single company investment with the short in the market. Lost nearly nothing.

    Hedging is about recognizing investment risk and mitigating it. That being said, hedging is not really a working strategy, it just has lots of media coverage. Hedge funds leverage a good story to convince investors to give them money to manage. They earn from managing that money without carrying three y risks. The broker always earns.

    If you want you invest money with limited risk, broad market index funds area the way to go.