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Lottery winners owning fancy houses should not be taken as an endorsement of their wealth acquisition strategy.


I buy a lottery ticket for a dollar.

I don't win; I'm out the dollar.

I buy a stock for a dollar.

It goes down 50% tomorrow. Then up 25% the next day and so on it fluctuates like a train going through the mountains.

One point in time it is low and another point in time it is high. I prefer to leave the train when it is high on the mountain.

i e. Picking a stock is a gamble but unlike the lottery I get to play the same game with the same money everyday until I win or die.


Stocks can and do tank and get delisted or never regain the value at which you put in.


Buy high, sell low, the WSB way.


WSB goes to options. So you multiply wins, possibly losses or end up with nothing on your yolo bets as your options expire worthless... Like a casino...


> Buy high, sell low, the WSB way.

Only part of it....

Buy low, sell high, use other people's money




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