• 0 Posts
  • 27 Comments
Joined 1 year ago
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Cake day: October 5th, 2023

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  • It’s easy to gamble if money isn’t yours.

    To my knowledge Musk is gambling with his own money, not hedge fund capital or something.

    If your day to day survival depends on every dollar, then you don’t have the freedom to dick around with investments.

    But, yes, this is correct. If you’re extremely wealthy then you can keep gambling. If you fail you still have a million other chances. So you’re kind of guaranteed to succeed eventually.

    Whereas the common person has one chance. If they fail that’s it.


  • In fairness he was able to recognise which companies to buy

    I think this is just survivorship bias. There are millions of wealthy individuals investing in companies every single day. Occasionally these gambles pay off and make people extremely wealthy.

    Most of the time the people who succeed just spend their incredibe wealth and live a quiet happy life.

    But there are others who crave attention. These individuals bully their way into prestigious positions and pretend that they’re leading the company.

    Elon is that kind of person. He started wealthy, bet his money on companies that succeeded. Then took the CEO role so he would get credit for the companys’ successes.

    If ever people dare stop paying attention to him he’ll do something drastic to recapture the spotlight on.

    He’s the kind of person who will stand on stage and do a nazi salute just because he wants you to look at him.



  • It is very much true

    From the link you provided:

    This may come as a surprise to some: it is only after two years of continued service that employees have the right to request written reasons for their dismissal.

    Employers don’t need to provide a reason for your dismissal.

    There are some exceptions but they’re very specific and unlikely to relevant. If an employer wants rid of you they can do so at their whim.

    Even if you think you have a case, good luck finding a solicitor who will take on your case. They simply won’t be interested because it’s not easy to win without the rights you get after 2 years employment.