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tejohnso
6 hours ago
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on: SpaceX bond worth 10% less than issue price – heading for junk bond status
Well, rational or not, anybody that put a significant life savings into early TSLA and kept it there is retirement money rich now.
Lots of rational people kept shorting, thinking sanity would prevail, and ended up losing bigly.
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rightbyte
6 hours ago
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parent
It is hard to estimate how rational the market is.
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alex_suzuki
5 hours ago
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root
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parent
“the market can stay irrational longer than you can stay solvent”
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