Comment by jddj 1 day ago If you have a machine that reliably takes $1 and makes $2 you raise debt not equity 2 comments jddj Reply bdangubic 1 day ago care to elaborate? if my machine is doubling my money, why do I have to raise debt? jddj 1 day ago Presumably there is some time component, i.e you need to use the machine quickly or risk losing it.Also, it's better to double $2 instead of $1, and then pay back that $1.1 and end up with $2.9 instead of $2.But it was a more facetious comment than I would have preferred to make, I actually went to delete it but you got in too quickly.There are many reasons it's wrong, too, eg. at some level of risk debt becomes more expensive or impossibleBut the intent of the comment was to say that if you owned as sure a thing as the GP proposed you'd do what you could to avoid selling parts of it.
bdangubic 1 day ago care to elaborate? if my machine is doubling my money, why do I have to raise debt? jddj 1 day ago Presumably there is some time component, i.e you need to use the machine quickly or risk losing it.Also, it's better to double $2 instead of $1, and then pay back that $1.1 and end up with $2.9 instead of $2.But it was a more facetious comment than I would have preferred to make, I actually went to delete it but you got in too quickly.There are many reasons it's wrong, too, eg. at some level of risk debt becomes more expensive or impossibleBut the intent of the comment was to say that if you owned as sure a thing as the GP proposed you'd do what you could to avoid selling parts of it.
jddj 1 day ago Presumably there is some time component, i.e you need to use the machine quickly or risk losing it.Also, it's better to double $2 instead of $1, and then pay back that $1.1 and end up with $2.9 instead of $2.But it was a more facetious comment than I would have preferred to make, I actually went to delete it but you got in too quickly.There are many reasons it's wrong, too, eg. at some level of risk debt becomes more expensive or impossibleBut the intent of the comment was to say that if you owned as sure a thing as the GP proposed you'd do what you could to avoid selling parts of it.
care to elaborate? if my machine is doubling my money, why do I have to raise debt?
Presumably there is some time component, i.e you need to use the machine quickly or risk losing it.
Also, it's better to double $2 instead of $1, and then pay back that $1.1 and end up with $2.9 instead of $2.
But it was a more facetious comment than I would have preferred to make, I actually went to delete it but you got in too quickly.
There are many reasons it's wrong, too, eg. at some level of risk debt becomes more expensive or impossible
But the intent of the comment was to say that if you owned as sure a thing as the GP proposed you'd do what you could to avoid selling parts of it.