by Chris Black
In the last ten years you could have used a dartboard to pick twenty stocks and had a winning fund.
Roblox is the prime example of absolute idiocy. It was a free game kids used as a chat room, billed as the next Facebook but in game form.
Kids were already abandoning the game by the millions before they went public, which was actually just a last gasp pay-out for the early investors.
My kid hasn’t touched Roblox in over a year and neither has any of his friends. They all moved to RecRoom. It’s essentially the same game as Roblox.
Rinse and repeat.
Tesla Loses Top Spot In Cathie Wood's ARKK ETF To Roku https://t.co/GyHHfij5a6
— zerohedge (@zerohedge) May 20, 2022
I’m still up for putting all the billionaires in a room, and the one that makes it out alive gets to be world leader.
At least at that point they earned it.