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theabstruseone:

Ask Reddit question from BasalTripod9684: What's the worst financial decision you've seen someone make? User thehofstetter responds: I once knew this former goth kid who constantly worried about what other people thought of him. So much so that he left a good job where everyone respected him and invested a ton of his parents money into trying to start his own company just so he'd get more attention. But instead of just starting his own company from scratch he bought a bunch of distressed assets he didn't understand and then they lost the rest of their value quickly. The topper is he didn't research his company's new name and turns out he didn't even own his dumb idea. I don't want to say the name of the business in case anyone has heard of it, so I'll just call it "X".ALT