Sagar Enjeti
speaker
6,491 appearances
28 recordings
1 series
first heard Jan 2026
last heard 8 Jun
Sagar Enjeti’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 28 in all, peaking in Feb 2026 with 7.
Appearances
And while their argument is, well, the vast majority of day traders lose money.
Yeah, that's true.
That's one reason I opposed the Trump administration lowering the threshold for $25,000 for day trading, because most people who are doing it are fucking idiots and are losing all their money.
But
you know there is no such thing as there is let's say with the s p 500 or vanguard or any of that like with prediction markets where if you are you know just a passive investor in these index funds you'll make money over the long run there is no there is no like even artifice
for the average person to invest or trade on a prediction market where they're gonna make money in the long run.
It literally doesn't exist.
It exists purely to siphon off gains from desperate people, basically, who are on there.
What was that article that we had where the guy took out a loan and then bet it all on CalSheet?
I mean, first of all, what an idiot.
But second, like, okay, we recognize we have a lot of idiots in our society, so we have to protect them.
At least I do.
That's what I think.
And so what do we do?
We're like, hey, you can't have payday loans because that was the argument for it.
The argument for payday loans was, well, if people are willing to take it, then why shouldn't they be able to offer that service?
And we're all like, yeah, I don't know.
It's usury.
It's a Lindy thing that even though it may exist and even supported supposedly by the free market, we all think that's bad.
And so we don't want people to be exploited that way because we recognize the power imbalance.
Showing 901–920 of 6,491 · page 46 of 325
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