this post was submitted on 09 Jul 2025
323 points (96.3% liked)

LinkedinLunatics

5045 readers
460 users here now

A place to post ridiculous posts from linkedIn.com

(Full transparency.. a mod for this sub happens to work there.. but that doesn't influence his moderation or laughter at a lot of posts.)

founded 2 years ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 51 points 1 day ago* (last edited 1 day ago) (4 children)

You go back in time to when you're living paycheck to paycheck and zero financial literacy. You convince yourself to invest $100/month in Amazon no matter what, because it will be worth it. You eat nothing but instant ramen, forego preventative care, get sick from malnutrition. Your quality of life is horrible because you forego basic necessities to invest in Amazon. The dot com bubble wipes out 90% of Amazon's value but you continue to invest because your past self told you about this, but if you just endure, Amazon will recover and you will be a millionaire.

In this timeline, Amazon never recovers and goes bankrupt. On Twitter, you read a post about George Shaheen's wedding, and how he's entitled to his billions, despite predatory and exploitative practices, because his wealth could have been yours. If you had only invested $100/month since 1996 into WebVan, you'd be a millionaire.

Investing is, at the end of the day, a gamble.

[–] [email protected] -3 points 1 day ago (2 children)

I understand not everyone can afford to gamble $25 a week but it's not really the difference between eating ramen and eating steak. It's more like the difference between eating ramen and eating rice. It's not going to improve your life dramatically, your health is still going to suffer and it's not going to cover the cost of preventative care in the US.

[–] [email protected] 1 points 1 day ago

The key lesson here is that anyone can find $25 / month to waste on WebVan stock.

load more comments (1 replies)
load more comments (2 replies)