Quote:
Originally Posted by Hog's Gone Fishin
Debbie Downer speaks again. Still not worth a listen.
Smart people buy good companies when they're at a discount / Warren Buffett
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It's a little ironic you use that Warren Buffett quote referencing some funds that are not actual companies.
I have nothing against TSLY and similar investment funds, I just don't really understand them and the risk. Buying stocks, options, shorting stocks all make sense in terms of what could go wrong that would cause one to lose a lot of money. I Have no idea on what scenario would result in TSLY completely tanking? Does the fund manager basically bet on the stock going one direction and if it goes the other direction that would be worst case scenario?