this post was submitted on 16 Jul 2023
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[–] eek2121@lemmy.world 58 points 1 year ago (2 children)

Damn, Mr. Musk could have made more money betting on stocks mentioned in r/wallstreetbets, and they ALWAYS lose money. Dude seriously needs to have twitter do the opposite of what he thinks.

I have never seen a billionaire try to go from billions to zero so hard in my life. It is like he is showing the U.S. government why billionaires shouldn’t exist.

Is there a fund that lets me do long term shorts on rich people?

There’s an inverse Cramer fund but I think that’s as close as you’ll get

[–] Marcumas@lemmy.world 8 points 1 year ago (1 children)

Hey now, I actually made some money on GameStop and AMC thanks to WSB.

[–] eek2121@lemmy.world 2 points 1 year ago

I made a lot of money from GME. I bought a bunch of shares early on for $10-$50 and sold the morning when Robinhood yanked the buy button. However, most WSB plays are money losers.