Book smarts vs street smarts
You're paying attention to the technical definition. "It's just an investment vehicle!"
He's paying attention to the real-world outcome. Insiders made money by offloading bad investments onto retail suckers.
You're paying attention to the technical definition. "It's just an investment vehicle!"
He's paying attention to the real-world outcome. Insiders made money by offloading bad investments onto retail suckers.