brobro777

Bought some -26% YTD JOE

Yea 2024 -26% YTD for JOE probably means good things for 2025

https://divestor.com/?p=12109 This is probably the correct take - there's still room to run $150k BTC why not baby why not

I understand NVDA is a much more solid company than Zoom but I remember like yesterday... https://www.forbes.com/sites/sergeiklebnikov/2020/10/29/zoom-is-now-worth-more-than-exxonmobil-and-founder-eric-yuans-net-worth-has-nearly-doubled-in-three-months/

Damn the guys who sell books/courses/seminars/coaching on how to "trade" and "invest" in some parts of the world have to be popping the champagne Their business was probably really good already but it's going to get exponentially better

This is great stuff baby, more dunskys throw $$$ into the market, the better action This is not just good stuff, but great stuff

I think being full time helps. If you have a good idea, you want to continue with it and see it to a reasonable conclusion without being interrupted by a job that takes your attention away. Coming back to the idea to continue the work, sometimes you don't quite have it anymore even with good notes Even just a few ideas properly researched/analyzed/executed can make up for the loss of income from the job through compounding over the years and put you ahead, maybe significantly ahead But I understand the point about working some easy, work from home job that leaves you plenty of time to invest, and the job providing income and a nice break from things So it depends on what kinda guy you are, some guys smoke Marlboros and some guys smoke Newports

Nicotine that can be consumed indoors and without stinking like an ashtray, with all kinds of barriers to entry - this may be one of the few good insights I have in my life

Yea this is what I intend to do with my PM, just hold and reinvest dividends for 20 years. The only individual stock/industry where I did at least somewhat okay over the years has been cigs/tobacco/nicotine and I think PM may go off 15% CAGR with dividend reinvestment for many years. It may end up a being a good idea to hold for far longer than 20 years, one of those never sell in your lifetime kinda thing

This is all nice talk but TTD from Jan 2018 to now is 62% CAGR And that hurts me deeply

Well what I can say is I bought TTD years ago and in a typical moronic fashion I sold out too soon. And it keeps going and going - of course it does - while being overvalued and overvalued, leaving me in the dust What I can add to this topic is maybe that the pace of adoption/distribution/increase in total addressable market/whatever other factors that I'm too stupid to recognize are way faster than I realize so that these "overvaluation" is not overvalued at all This is probably a bit of the beer talking but hey, John Daly said he did play his best golf when he was drunk...

yea I'd be scared of some California plaintiffs lawyer coming after me with some slip and fall nonsense and the insurance company disclaiming coverage wow that's scary man scary

IBKR Forecast contracts worked well for me - good liquidity, no commission

Old man Buffett unloading size into a rising market so he doesn't have to when its crashing - boy hes a good market timer, one of the best

GYRO seems like a decent play and best of all, lazy ass like me didn't have to work at all! Thanks man haha

The grad students are probably doing it already but there's probably good amount of PhD level research that could be done on volatility and extreme moves in the markets caused/correlated with algorithm trading and explosion in derivatives. i mean dude look at Bill Hwang and them "swaps" - $20Bil gone in a flash!

This is obviously pure bragging and shit talking but let's just say "someone" bought some NQ at 17500 last month when da VIX 65 for some good gains baby, good gains of course it could have continued to run past 17500 down the toilet, in which case I'd be posting on Reddit WSB with my loss porn haha

this is a completely subjective observation backed up by no data or verified analysis but the markets nowadays seem to run one way, hard, relentlessly (without a counter move) way more than it used to in the past, like the 90s for example. Maybe it's because there's more action in the derivatives now or more algorithms but whether it's stock index futures or individual stocks, it seems that things turn hard and when they turn they keep running and running. This probably means more opportunities for guys who like action, unlike nerds who sit there and read books and industry reports Ha haha

I love those guys on Reddit WSB The way they go all in with 0DTE options over and over again gives me hope that I can continue to make money even as an average schmoe

Haha this kind of story reminds me of daytraders in the late 1990s The thing that was scary was how these guys could be running hotter than the surface of the sun, sometimes for a long time, and then out of nowhere become cold as ice I still remember that surprise rate cut by Greenspan in Jan 2001 like yesterday...

Hell yea I would definitely copy another guy if what he was doing was compatible with my temperament and I could execute like he could. If it's too crazy or I don't have the chops to handle what the guy was doing (for example if he's too much of a cowboy) then I'd say no but otherwise, I'd copy and paste all day long I get that there are guys here reading books and industry reports and etc all the time (probably 500 pages a day that Buffett talked about https://www.cnbc.com/2018/03/27/warren-buffetts-key-tip-for-success-read-500-pages-a-day.html) but that's for nerds and I am way too lazy to do that I would free ride and make money off other people all day baby, all day

In the early 1990s I got a bunch of pre-1964 silver quarters (circulated condition, as early as 1930s) from someone who was spending them at face value and I held on to these quarters over the years I understand I should have invested in SPX or WMT stock, but these quarters are about $7+ now on ebay and that's not bad baby, not bad

Yea I'm surprised there's not as much favorable coverage/talk about gold

Gold keeps grinding higher to another record high - maybe $3000 before year end?

Haha that's good stuff baby, thanks for the laffs