Every once in awhile I think of unsubscribing from Matt Levine, and then every other day he delivers something like the this.
Dammit.
Conversation
Replying to
‘You’d know not to invest in Stablegains after the first 10 minutes of my financial literacy class! It is “stable,” but it is also “gains,” which means that it will incinerate your money with 100% probability. It did.’
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