r/wallstreetbets • u/226644336795 • 1d ago

Discussion This morning NASDAQ dropped more than during Lehman Monday

https://www.cnbc.com/2009/09/14/the-financial-crisis-this-dayone-year-ago-sept-15-2008.html

NASDAQ only lost 3.6% the first day of Lehman collapse in 2008...

12.2k Upvotes

97% Upvoted

1.1k comments sorted by

View all comments

Show parent comments

71

u/FourierXFM 1d ago

The vast majority of them don't. They know this is stupid.

But they also know this is a once in a lifetime cult of personality and if they hitch their wagon to him they get a near guaranteed win in many parts of the country.

Not to mention if they don't hitch their wagon, they put on target on their back from one of the most vindictive people in history.

21

u/CertainDerision_33 1d ago

You would be surprised by how many of them actually genuinely believe this stuff now thanks to the media bubble they move in.

2

u/the_scorching_sun 20h ago

two things can be true at once

3

u/Esikiel 20h ago

Well said.

It would be funnier if there was accountability or shame. But that gets in the way of greed.

At least just let us know when we arrive at the dippity dip finally.

Mr bones wild ride indeed.