Yea. That’s most of my portfolio today but I can’t pay attention to whatever’s going on. Seemed like a more widespread and larger drop than just a regular old down day.
On an infinite timeline maybe, but that’s exceedingly unlikely in the coming century.I think at some point it comes to an ugly end with Russia. These two countries cant continue to co-exist on each other's border. One or the other will eventually decide to try to fuck the other one hard.
No. Sell it all.Will the markets ever recover after going back two weeks worth of gains?
better version....
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I get recovering opportunity cost an other issues, but 6x seems a tad high.Didn’t read the article and don’t care about NFL dudes but I have nothing against someone getting way more than was stolen from them if proven.
getting the exact amount back never covers potential loses from opportunity, stress, lawyers, hassle, and general life trauma in dealing with all that shit.
3x is pretty normal. You misread, it was 2.6 million stolen. About 3.5x. Lawyer did him well.I get recovering opportunity cost an other issues, but 6x seems a tad high.
It said they disclosed $16M in damages for the lawsuit, not totally sure what those damages are as they just gave broad categories. There could be mismanagement or misallocation that resulted in lost profits as well as the outright thefts mentioned.Didn’t read the article and don’t care about NFL dudes but I have nothing against someone getting way more than was stolen from them if proven.
getting the exact amount back never covers potential loses from opportunity, stress, lawyers, hassle, and general life trauma in dealing with all that shit.
On the other hand, that investment advisor could have been truly looking out for you knowing the settlement would be top notch.Merrill investment advisor steals $1.6m from NFL player's account. Merrill pays him $9.5m to settle the suit. That's like 6x what the guy stole. Also, this isnt a ponzi scheme. Its one guy's account. How do you honestly think you wont get caught doing this at some point.