r/news Jan 14 '22 Silver 19 Gold 1 Helpful 19 Wholesome 18 Evil Cackle 3

Shkreli ordered to return $64M, is barred from drug industry

https://apnews.com/article/martin-shkreli-daraprim-profits-fb77aee9ed155f9a74204cfb13fc1130
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u/WishIWasOnACatamaran Jan 14 '22

36M for 7 years is still a helluva deal

972

u/_mach Jan 14 '22

I wonder how much money that 100 million has made him in the interim, too...

the absurd fact is that money makes people richer, which is part of the inequality equation here.

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u/GoodLordShowMeTheWay Jan 14 '22

Risk that resolves favorably makes people richer.

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u/[deleted] Jan 14 '22

[deleted]

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u/airrivas Jan 15 '22

So risky it seems everyone with more than a few mill seems to benefit. They’re so brave and brilliant, all of them!!

6

u/dizao Jan 15 '22

Risk is only a problem if you don't have enough money to keep paying your bills when shit hits the fan. At that point it just becomes opportunity.

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u/bubumamajuju Jan 15 '22

The risk isn’t any fundamentally different for either. Maybe less risk for congresspeople who can legally make insider trades but you can buy an index and do just a well as most hedge funds

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u/Dropkickmurph512 Jan 16 '22

What?? being a rich investor just means you can increase risk. It definitely didn't disappear for shkreli or at least his investors when he blew up 2 hedge fund in a matter of days by over leveraging on biotech options. Margin calls don't discriminate.