I generally agree with you here, since it seems like "tech" or "not tech" should be based on services actually provided (ie selling physical books online isn't really tech). Except, many of these companies have a…
Yes, and we've established that these people exist - aside from the info you've been presented, it should be pretty clear, anecdotally, if you have spent time with communities of first generation immigrants. For…
There are some good points here on the futility of doing the "ritual" for the sake of doing the ritual. Especially when it comes to raising blockers - if you aren't attempting to resolve them when they come up, then are…
Yes, people with no money have trouble investing money, I'm not sure where I stated otherwise. But sure, let's continue down the rabbit hole of analyzing a group I referenced off-hand for the sake of a hypothetical…
I've started selecting for brands that have more information than those two measurements. Seat and taper are more helpful, for instance. More casual button-downs are also very frustrating, as sleeve length and chest…
In line with what you were saying above, I was raised to expect to have multiple career changes in my life. What satisfies us changes as we age, and we may not have the skillset for the dominant, high-earning fields as…
48% of the American populace, if we're talking participation in the stock market. A significantly higher percentage if we exclude those whose only holdings are in opt-out company-sponsored 401k plans. [0] More than 5%…
That might be a fair criticism of a reading of this as "you should speculate in NFTs". Less so if you follow the conclusion that recent sales of NFTs are the latest in a long line of mass adoption/mainstreaming of…
RE: this section "If you recognize (recognize – you don’t even need to be able to define) one of those words, you’re early to crypto" This does resonate, as we have seen huge growth and continual adoption (even by what…
Agreed. The difference this time is that the gains are socialized this time, not retained in the fraternity of HF, PE, and IB. Which is exactly why Wall Street and financial media is denigrating it. They hate that they…
And anyone who bought shares at peak yesterday is up 50% today - those who bought _any_ Call option are up much, much more
Tell that to the investors holding >$200 GME shares right now
no one is saying anything "magically" happens. The profit-taking has happened and will continue to happen - there are a finite number of shares to be purchased, yet shares are still being purchased by shorts. There is…
DoorDash has had negative earnings for all but 2 (1?) quarters it has existed, and trades at about $190 a share, despite direct competition from multiple functionally identical competitors. The market is broken, at…
this a profound (intentional?) misreading of how a short squeeze functions. the shorts are the ones who end up "holding the bag" in that they are contractually obligated to buy shares at current (higher) value in order…
I generally agree with you here, since it seems like "tech" or "not tech" should be based on services actually provided (ie selling physical books online isn't really tech). Except, many of these companies have a…
Yes, and we've established that these people exist - aside from the info you've been presented, it should be pretty clear, anecdotally, if you have spent time with communities of first generation immigrants. For…
There are some good points here on the futility of doing the "ritual" for the sake of doing the ritual. Especially when it comes to raising blockers - if you aren't attempting to resolve them when they come up, then are…
Yes, people with no money have trouble investing money, I'm not sure where I stated otherwise. But sure, let's continue down the rabbit hole of analyzing a group I referenced off-hand for the sake of a hypothetical…
I've started selecting for brands that have more information than those two measurements. Seat and taper are more helpful, for instance. More casual button-downs are also very frustrating, as sleeve length and chest…
In line with what you were saying above, I was raised to expect to have multiple career changes in my life. What satisfies us changes as we age, and we may not have the skillset for the dominant, high-earning fields as…
48% of the American populace, if we're talking participation in the stock market. A significantly higher percentage if we exclude those whose only holdings are in opt-out company-sponsored 401k plans. [0] More than 5%…
That might be a fair criticism of a reading of this as "you should speculate in NFTs". Less so if you follow the conclusion that recent sales of NFTs are the latest in a long line of mass adoption/mainstreaming of…
RE: this section "If you recognize (recognize – you don’t even need to be able to define) one of those words, you’re early to crypto" This does resonate, as we have seen huge growth and continual adoption (even by what…
Agreed. The difference this time is that the gains are socialized this time, not retained in the fraternity of HF, PE, and IB. Which is exactly why Wall Street and financial media is denigrating it. They hate that they…
And anyone who bought shares at peak yesterday is up 50% today - those who bought _any_ Call option are up much, much more
Tell that to the investors holding >$200 GME shares right now
no one is saying anything "magically" happens. The profit-taking has happened and will continue to happen - there are a finite number of shares to be purchased, yet shares are still being purchased by shorts. There is…
DoorDash has had negative earnings for all but 2 (1?) quarters it has existed, and trades at about $190 a share, despite direct competition from multiple functionally identical competitors. The market is broken, at…
this a profound (intentional?) misreading of how a short squeeze functions. the shorts are the ones who end up "holding the bag" in that they are contractually obligated to buy shares at current (higher) value in order…