6,323 karma · joined August 19, 2012
FWIW I think we should have the same laws in the US that you all have in the UK and EU.
[0] https://www.sec.gov/Archives/edgar/data/1337634/000119312525...
[1] https://www.wallstreetoasis.com/forum/private-equity/andro-c...
I know my story is just an anecdote but it really makes me question if this is even true. I search for things that I want to learn about on YouTube, often about wildlife or the environment, and get served a TON of AI slop. My feed is now full of it. It's extremely frustrating and has actually led to me using YouTube in this way a lot less over the last few months. I have been hoping that I'd be able to filter by this one day.
I think the simpler answer is that some people are especially poor at risk vs reward analysis. Others enjoy the thrill of getting away with something. It's been 30+ years since Chauncey Billups has had to worry about money. I think your point about friends around them is very fair though. Lots of these guys have hangers on with their hands out and despite making lots of money in their careers they cant just give cash to everyone. So I can imagine them thinking "hey place a bet on my under for the next game because I'm going to go out early" seems like a low risk, not so evil way to put a few dollars in a friend's pocket.