...nor do the wealthy ever have any negative outcomes. If their investment fails, they start asking for government bailouts or filing insurance claims. There's never any actual risk. Just different directions from where they get their money.

[–] haxboar@hexbear.net 26 points 2 days ago (1 children)

Reminds me of Musk's infinite buying strategy:

Levchin was at a friend’s bachelor pad hanging out with Musk. Some people were playing a high-stakes game of Texas Hold ‘Em. Although Musk was not a card player, he pulled up to the table. “There were all these nerds and sharpsters who were good at memorizing cards and calculating odds,” Levchin says. “Elon just proceeded to go all in on every hand and lose. Then he would buy more chips and double down. Eventually, after losing many hands, he went all in and won. Then he said “Right, fine, I’m done.” It would be a theme in his life: avoid taking chips off the table; keep risking them.

Moral of the story: Be rich enough to keep trying

[–] ghosts@hexbear.net 18 points 1 day ago

The Martingale strategy lmao

My theory is that nazi musk has ruined every social interaction he's ever had