Just saw a reddit post in which some trust fund kid took his 700k inheritence from grandma and invested it all in Intel lmao (hexbear.net)

submitted 3 months ago* (last edited 3 months ago) by gueybana@hexbear.net to c/chapotraphouse@hexbear.net

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He’s down 200k in A day.

I get the US government will forever prop up this shitass boomer company but what kind of capitalist true believer do you have to be to believe in Intel?

WARNING (Wall Street Chuddery) https://old.reddit.com/r/wallstreetbets/comments/1eiktnw/ok_i_definitely_picked_the_wrong_day_to_buy_intel/

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[-] GaveUp@hexbear.net 61 points 3 months ago* (last edited 3 months ago)

Hexbear geniuses, this is literally just gambling. The guy did it because he's a gambling addict (WSB posting, Robinhood account for a 700k balance lmao). I've been there before (like being extremely addicted and throwing 50-100% of my networth into trades, not the WSB or Robinhood parts)

What y'all are commenting is like asking why a meth head smokes meth even knowing it's destroying their body

[-] peppersky@hexbear.net 13 points 3 months ago

Even a guy betting his last dollar on a horse looks at the odds before betting this guy's just stupid

If I had 700k and a gambling addiction I'd just spend that money to go to rehab but maybe I'm just built diff.

[-] GaveUp@hexbear.net 9 points 3 months ago

This guy is for sure stupid after reading his bullish reasons for Intel but stupidity is why he chose Intel, addiction is why he dropped 700k/800k balance on Intel

I've done lots of pharma oxy, k-holed, shrooms, LSD, clean molly

Gambling after having experienced massive wins hits way different