To Lloyd Blankfein, who led Goldman Sachs through the 2008 subprime mortgage crisis, it's reasonable to prepare for a "reckoning."
      • SanctimoniousApe@piefed.socialEnglish
        2·
        1 month ago

        If I ever gamble, it’s generally only for fun, or if I have little other choice. I prefer not to gain off other people’s misery, even if I don’t like them.

        • iopq@lemmy.world
          11·
          1 month ago

          Buying puts is paying people who are selling covered puts for income, in other words who own the stocks and are counting on them not going down

          Usually big funds, they don’t need your sympathy