So is it really true that the current inflow of money into Bitcoin is just a bunch
of dumb money that could possibly vanish just as fast as it originally poured in?
But there's a lot
of dumb money out there too.
John Cook, editor of Gawker, said he and Mr. Denton decided to restart Valleywag after seeing a return of excessive spending and obnoxious behavior in the Valley and a «lot of indications
of dumb money,» like the $ 6 million given to Ms. Morin's start - up.
We brought together our business editor Ben Popper, and our science editor, Liz Lopatto, to discuss what happens when you mix a flood
of dumb money eager to invest in anything «disruptive» with life science companies that can actually impact our bodies and health.
Not exact matches
The U.S. says the
money it is seeking to recover was gambled in Las Vegas, used to buy hotels, apartments, a luxury yacht, a jet, diamond jewelry and art works and to finance Hollywood films including the «Wolf
of Wall Street» and «
Dumb and
Dumber To.»
Investment Strategist Matt Prusak, writing at Coindesk, has rounded up some novel examples
of «
dumb money» (his term) rushing into cryptocurrency.
«As you can see, a yawning 50 - point gap opened at year - end between the two measures
of confidence, with
dumb money optimism having soared, while smart
money optimism became decidedly more subdued.
As I recall the headline read, more or less, «Women Don't Negotiate Because They're Not
Dumb,» and the author went on to cite research to make her point that when women do ask for more
money, people tend to hate it, and «pushy» women end up paying mightily in terms
of career progression and opportunities.
There's a set
of indexes put out by finance blog Sentiment Trader: They call them the Smart
Money /
Dumb Money Confidence indices.
«I've always told you that both
dumb and
dumber have been big contributors to the success
of T - Mobile,» he said to «Mad
Money» host Jim Cramer on Monday.
In a wildly
dumb piece that ran this week, the Toronto alt - weekly called Commander Chris Hadfield a PR - seeking glory hound and space exploration a waste
of money.
In fact, one study released by the Yale School
of Management in 2008 went so far as to call retail investing the «
dumb money.»
In a piece titled: «
Dumb Money: Exposing Silicon Valley's Stupidest Investments,» a writer for New York magazine snarked»... what kind
of genius decided to throw $ 1.2 million at NaturallyCurly, the «leading social network and community for people with wavy, curly and kinky hair?»»
They move piles
of money around, their vast personal riches gained either through graft or
dumb luck.
«I did some
dumb things in the beginning, fortunately with small sums
of money,» says Kirkpatrick.
There's nothing
dumb about keeping a limited pool
of money in checking — enough for emergencies, but not so much you lose out on important investments and savings.
There are lots
of dumb things you could do as a startup entrepreneur — like base your company out
of Bakersfield, allow yourself to be acquired by Groupon in an all - stock transition, or pitch your growing U.S. - based startup to the Samwer brothers — but nothing could be more
dumb than throwing your hard - earned venture capital
money at a public relations firm.
But the FBI's and CFTC's theory here is far more troubling: It suggests that existing algorithms are not just
dumb enough to give spoofers some
of their
money, but
dumb enough to give spoofers so much
of their
money that they destabilize the financial markets.
• The Quest for the Next Billion - Dollar Color (Bloomberg Businessweek) • The
Dumb Money: The definitive explanation
of why Bitcoin is stupid.
«Literally all the
money that went into this sector from 2010 to 2014 went in from angels and [others], and now all
of a sudden all these financial services companies have shown up... the
dumb money's shown up.»
But super angels — a clubby bunch ruled mainly by veterans
of some
of the Valley's most successful startups, including Ron Conway (PayPal), Jeff Clavier (Yahoo), and Mike Maples (Twitter)-- aren't
dumb money.
In the February 2009 version
of their paper entitled «Not so
Dumb Money: The Prognostic Power
of Investor Sentiment over Time», JÃ ¶ rdis Hengelbrock, Erik Theissen and Christian Westheide measure the predictive power
of German and U.S. investor sentiment indicators and test whether the market responds immediately to the release
of new sentiment data.
Authers goes on to quote Amin Rajan
of U.K. consultancy Create, who argues, «The more
money that goes into passive, the more they (index funds) will become
dumb.»
In one
of my favorite turns
of phrase, Warren makes the point: «Paradoxically, when «
dumb»
money acknowledges its limitations, it ceases to be
dumb.»
Of course, the AAII survey polls retail investors, or what some refer to as «
dumb money.»
One
of the things we all do at one time or another in life is to make a really
dumb money decision.
How about placing all
of these ignorant hateful bigot preachers behind an electrical fence and wait for them to die off... they steal
money from
dumb parishioners, abuse the little boys in the church, discriminate women, tell you how to vote for their own best interest, and worst
of all spew prejudice, hateful ideology from the pulpit all in the name
of JESUS.
How
dumb of Bill Gates (made way too much
money - it should go to you..
Sam, followers
of any religion who exert their power with nonprofit
money and political power are
dumb.
Are the Arabs THAT
DUMB, in your opinion, that they can not even create their own lobby considering the almost unlimited amount
of money they have?
In the end, a few religious people profit, receiving a great deal
of money and power, and everyone else is a
dumb schmuck.
The Strange Hill People invade and are too
dumb to understand the concept
of money.
meaning, the overall system itself is exploitative and needlessly punitive and just pretty shitty all around, so gaming that
dumb system likely doesn't carry the same sort
of stigma as, say, embezzling
money from your company or taking bribes to vote on a piece
of legislation.
lets all thank arsene for finally doing the right thing only time will tell but have we finally signed the DM we need STRONG MINDED NO HOLD BAR MIDFIELDER WE HAVE ALL CRAVED, but lets take it back we all know it will take 2 or 3 more like minded players to make us great again, he has tricked us all buy buying one superstar in the last 3 windows ALEXIS, OZIL and CHEC great players but can't do it all on their own, spending huge amount
of money and saying we can buy the best players, on the surface this looks great we are buying top top players big prices but instead
of spending his usual 50 mill on 2, 3, 4, 0r 5 players he has pulled the wool over are eyes with 1 superstar thinking the fans are that
dumb enough to believe it, infact he has never spent his budget only balanced on sales too purchases, i love arsenal but this summer i hope for more he needs to do that consistently through out the team spend the same amount on the team stop balancing the american owners, grow a pair say yes we will buy a top defender and a world class striker, stan we love arsenal please be one
of us do whats needed then you will fell proud as we are and we will adore you for it.
The board don t want to spend
money so they are not in a hurry to bring a coach who may ask them to spend, so just accept the fact that Arsenal is on another 3 years
of Wengering meaning how to make
money for a board and giving
dumb excuses to supporters.
Like Raheem Sterling
dumb amounts
of money.
Add to that 100 million gate revenue (if you have a season ticket which seems improbable you already paid the
money, paying and not using is sort
of dumb in my opinion but you are perfectly entitled to be such way) each game and there you go.
But easy to say negative things when your an addict
of negative making negative statements we did nt win everything every year tottenham has been behind us till this year for 2o years mu went through 3 managers then got mourinho and he said hi i see you have billlions
of dollars to spend why do nt you buy a team ill smile for three years make some
dumb comments win a title chelsea not yet mu cause you spent more
money than anyone else has except those city folks recently and play fall asleep football i mean wenger is great and haters gonna hate cause thats all they know to do they'll hate till we win the title then be happy for a day once its confirmed then say well we did nt win champions leauge or vice versa cause they re a negative addict they nead their dose to disassemble true success
madrid can care less about looking
dumb and paying a grip
of money for a player they just sold.
Piece by piece, the evidence mounts that Bill Polian's incredibly
dumb take that Jackson should convert to wide receiver in the NFL is just that, an incredibly
dumb take which deserves nothing but our scorn (and not whatever ungodly amount
of money ESPN pays him to dole out such stupidity).
Someone who earns a lot
of money can generally be trusted to be competent to manage and invest it well, but we have no similar assurances that the recipient
of the property will be particularly qualified to manage it in the case
of «
dumb money» received by lottery or accident
of birth.
«Universities will need to charge fees
of at least # 7,500 just to avoid losing
money, so those that can't will be forced to cut quality and
dumb - down.
Also, a person would have to be
dumb not realize that smart phones and apps are a way for phone companies to squeeze A LOT more
money out
of the cell phone market — which was pretty much saturated until smart phones came along.
I suggest that labour - uncut, goes off, thinks up a few sensible policies, that are relevant to a government
of 2020, maybe has a few ideas on the EU referendum, and accepts that the Corbyn fans
of Students who read a article about how, capitalism is bad, because there was enough
money for everyone in the 80's, and the Tories only got in because people who voted for them were
dumb and read the Daily mail, because you're not going to convince anyone that labour Will be destroyed in 2020 ′ because the Tories may implode over infighting like they did with Westland or ousting Thatcher, but win in 87 ′ and 92 ′ anyway
Another addition to the volume
of unnecessary /
dumb stuff I spend my
money on.
In his desperation, Chris comes up with a plan so obvious only a
dumb, doomed idiot like him could think it up: He and his family will hire a killer to murder his out -
of - the - picture mother and collect the insurance
money, which is intended for young, innocent Dottie.
In Hollywood, if you have a really
dumb idea for a movie and a lot
of money to make it, you call The Rock.
It is true that the real life David (Zach Galifianakis) was a bit
of a dummy that robbed all
of the
money under the impression that it was for his girlfriend (Kristen Wiig) when in actuality he was handing the
money over to even
dumber people that immediately made a number
of expensive and exotic purchases that surely raised suspicion, but pretty much all
of what is going on here is blown up far too stupid.
Directed by the Farrelly Brothers, the original
Dumb and
Dumber catapulted Jim Carrey to superstardom with the simple story
of Lloyd (Carrey) and Harry (Daniels), best friends who decide to trek across country to return a suitcase
of money to Lloyd's dream girl.
Black Adder [4/1] Rowan Atkinson may be best known in the States as Mr. Bean (or other
dumb - playing roles like Johnny English), but for my
money, his absolute best series is Black Adder, where he plays a series
of British noblemen (each season is set in a different century) with dry wit and an unfortunate lot
of idiotic hangers - on.