In Defense of Bad Ideas
51–54 of 54 posts
Re: In Defense of Bad Ideas
#52Earlier quoted context omitted.
Escape velocity is a velocity to escape gravitational field. Orbit velocity is a velocity to orbit a thing inside its gravitational field. For example, ISS has orbit speed of about 7.7 km/s at 350 km above the ground. Orbit speed "at the surface" of Earth is about 8km/s, I believe.
Thanks for the clarification.
In the big picture, it's not a huge amount wasted, I was just remarking on it being less significant in retrospect than one might have hoped.
Re: In Defense of Bad Ideas
#53Earlier quoted context omitted.
In this case, the original commenter explicitly (erroneously) stated "options". Options cannot have unlimited downside; you can always choose not to exercise the option.
If you write a put option, it has downside limited only by the underlying zero price of the security minus the premium. If you write a call option, your downside is theoretically unlimited. If you buy a put or a call your downside is limited to the option premium. edit: i should say writing a put option (short put) your potential downside is the difference between the strike price of the option and the premium, if th…
Re: In Defense of Bad Ideas
#54Example 3: Should I eat this raw meat product that has been sitting out on my counter for more than a day. Probably no. I understand the point here, but some ideas are just bad ideas.