this post was submitted on 09 Jul 2025
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LinkedinLunatics

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A place to post ridiculous posts from linkedIn.com

(Full transparency.. a mod for this sub happens to work there.. but that doesn't influence his moderation or laughter at a lot of posts.)

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[–] SpaceNoodle@lemmy.world 89 points 4 days ago* (last edited 4 days ago) (13 children)

Not everybody can fucking participate, Vijay.

Also, you can't do basic arithmetic.

[–] Vinny_93@lemmy.world 61 points 4 days ago (10 children)

Well based on the principle of compounding interest I think that number might be right. It really kind of depends on your returns every month.

His logic flaw here is that millions gamble on startups like that and hindsight is very much 20/20.

Buying stocks is kind of like sports betting for a different target audience this way.

[–] matlag@sh.itjust.works 4 points 3 days ago (2 children)

You're missing a non-formulated assumption that you should have diversified your investments, so it's 100$ in Amazon, and 100$ in competitor2, 3, 4,... Get to 10 and you have a good chance 1 or 2 will make it!

What? You can't afford 1000$ of risky investments per month??

[–] Willy@sh.itjust.works 1 points 3 days ago (1 children)

Bezos wasn’t diversified like that though

[–] Bronzebeard@lemmy.zip 1 points 2 days ago* (last edited 2 days ago)

He gambled and it happened to pay off.

For every one of these success stories there's thousands of families. Take speak at r/wallstreetbets. Practically a daily post about someone blowing up their account on a risky bet. And those are just the ones who feel like sharing

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