brobro777

Well it's because people aren't investors and they want a lot of money really fast without hard work or discipline I have a buddy who opened an Etrade account back in the 90s because they were offering some kind of bonus and he bought Viropharma for less than $20 and sold it at $100 because the company said some news about the common cold. And ETrade kept crediting his account with this supposed one time bonus over and over again and when he pointed out the mistake, they let him keep all the money That's the way life should be, money for nothing and chicks for free, so why shouldn't they be entitled to the high water mark? They deserve it!

Scuttle Blurb had an analysis of ADSK years ago that I thought was decent: https://www.scuttleblurb.com/category/adsk-autodesk/

Reminds me of the time when stocks traded in teenies!

MO did CAGR 21%+ from Jan 2000 to Dec 2012 I think, div reinvested

Steve Jobs was an asshole and I made money off Apple... I dunno about asshole avoidance - I've known small business owners who were quite successful and also assholes

Ouch why you gotta dunk on my Marlboro stocks man What is this the Corner of Breaking Balls and Fairfax?

See through pants! https://sports.yahoo.com/mlbs-fanatics-produced-pants-blasted-by-players-union-chief-pants-are-see-through-002616265.html

I dunno about mental models but what works good for idea generation is to bet against dumbasses. I pay attention when these guys talk, as it's usually a good idea to take the other side. It's kind of amazing how reliably wrong these guys are - like 15 years later they're wrong yet again. And I apply this to myself too. Sometimes I will look at brokerage statements from 11 years ago to remind myself how dumb I was with some industry or company and go, well, I was a moron then and I'm probably the same moron now when it comes to this industry, so I guess I'll just stay away. That saved my ass a few times over the years

This is good stuff, thanks man

Here are some interesting stats about Gold returns https://awealthofcommonsense.com/2024/03/whats-the-investment-case-for-gold/

Oh man all this talk of Gold reminds me of Bre X

Yes AXP Salad Oil scandal

Haha yea Bania!

After watching that episode of Seinfeld where some comic tells Jerry, That's Gold!, me and my buddies have repeated Gold! for decades. My take is Gold is probably ok but BTC got more juice

Damn Not bad BTC Not bad baby