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[–] 5 points 1 year 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??

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  • [–] 1 point 1 year ago (1 child)

    Bezos wasn’t diversified like that though

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  • [–] 4 points 1 year 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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