Crypto is a world without reality checks. Mind boggling to read about people who invested their life savings in it. Mind boggling that money managers at Ontario Teachers pension fund convinced themselves they were smart enough to get out before a crash. ( giving them the benefit of the doubt that they weren’t stupid enough to believe crypto is a widows and orphans investment). Hope the money managers have to repay any bonus from previous years on their phantom gains.
It is amazing the number of sophisticated investors that lost money in FTX. I am at a loss to understand show this investment made it through their diligence process
Crypto is a world without reality checks. Mind boggling to read about people who invested their life savings in it. Mind boggling that money managers at Ontario Teachers pension fund convinced themselves they were smart enough to get out before a crash. ( giving them the benefit of the doubt that they weren’t stupid enough to believe crypto is a widows and orphans investment). Hope the money managers have to repay any bonus from previous years on their phantom gains.
It is amazing the number of sophisticated investors that lost money in FTX. I am at a loss to understand show this investment made it through their diligence process
John i hope you are well. it's been way too long for you to remain silent. Miss your wisdom. Regards Judd Hirschberg