Hacker News new | past | comments | ask | show | jobs | submit login

If you sold before February you were also betting that people were going to die. What makes your actions less slimy?



I guess you're getting downvoted because of your tone, but I think you're essentially right. selling off a bunch of stock in expectation of a looming crisis is a choice that leaves your buyers holding the bag when it strikes. it's not fundamentally different than using leverage, options, or whatever exotic investment tool you fancy. people ascribe an arbitrary moral difference between selling to prevent losses and more active investing to seek a profit. in both cases people are making a bet on the outcome of an uncertain event. some will win and some will lose.

regardless, moves made by a small private investor don't really matter in the grand scheme of things. just don't panic sell.




Consider applying for YC's Spring batch! Applications are open till Feb 11.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: