brobro777
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Everything posted by brobro777
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Downloading naked boobies on 9600 baud modems those were the days
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800% for shoe company! https://www.msn.com/en-us/news/insight/allbirds-stock-soars-over-800-on-radical-ai-pivot/gm-GM1539853B?gemSnapshotKey=GM1539853B-snapshot-1
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Tail Risk - Is It Part of Your Investment Framework?
brobro777 replied to Viking's topic in General Discussion
I read about guys who printed money during the 70s by focusing on commodities but then didn't do so hot in the 80s and 90s because the action moved on to equities and they didn't adjust. Then equities were great for decades while commodities crashed (British unloading gold for less than $300 https://en.wikipedia.org/wiki/1999–2002_sale_of_British_gold_reserves). Then for a decade from 2000 to 2010, SPX had a negative return while commodities were ripping - I remember reading Jim Rogers' Hot Commodities during this time. So the juice moved from asset classes and how to protect against this? Maybe having a multi disciplinary approach like Charlie Munger to have wider view of things, I think helps More importantly though you gotta be wary of the dumpster juice smell of BBLs - https://www.youtube.com/watch?v=qYPBKTVO7us&t=1299s - dumpster juice haha -
Tail Risk - Is It Part of Your Investment Framework?
brobro777 replied to Viking's topic in General Discussion
No dude when I'm trading ES and NQ I don't consider this risk: https://www.youtube.com/watch?v=BODzZUUO-s0 haha -
Prediction Markets Like Kalshi and Polymarket
brobro777 replied to Saluki's topic in General Discussion
Thanks for the explanation bro, I figured that would be the case. These forecast/prediction futures are created new all the time per event, while these established futures on exchanges like CME have been trading for decades, with the same underlying that are always going to be there. I actually do see positive EV with these bets, especially the political ones, and that's why I did okay in 2024. But it was fairly difficult to deal with the 1099-MISC where IBKR reported the proceeds but not the costs and I had to do all kinds of stuff whereas 1256 mark to market is so easy. Where's a good lawyer when you need one... -
Prediction Markets Like Kalshi and Polymarket
brobro777 replied to Saluki's topic in General Discussion
Hey I got a question In 2024 I bet using IBKR's Forecast Futures and made money - IBKR issued me 1099-MISC for taxes Are prediction futures going to be treated like 1256 contracts in the future, like ES, NQ, GC, CL and so on? It would be good if it was, for 60% long term capital gains rates and not having to deal with 1099-MISC -
Sold all my nasdaq and S&P futures
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Bought some nasdaq futures haha
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Date yourself without dating yourself - How many?
brobro777 replied to rogermunibond's topic in General Discussion
Man I remember I returned a VHS movie to Blockbuster and those bastards made me pay a fee because I forgot to rewind the tape Blockbuster made $800Mil from late fees alone in 2000... https://www.nbcnews.com/id/wbna39332696 -
I Need a Laugh. Tell me a Joke. Keep em PC.
brobro777 replied to doughishere's topic in General Discussion
Good stuff -
Bought some S&P 500 futures here cuz hey, I'm looking for a good time baby
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Wait you guys read? Like books and stuff? I don't get it, where's the punchline
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yea things appear weak, da juice in da indexes seem gone Another sell off like the funboys freaking out over tariffs in march-April last year would be totally awesome man, it would be stone groove!
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Oh man I wanna short Amazon so bad, short AMZN too many funboys are flapping their gums about "Amzn lowest PE ever!!!" Like way too many funboys will I get squeezed out for a loss like my short silver??? Hoo boy!
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Prediction Markets Like Kalshi and Polymarket
brobro777 replied to Saluki's topic in General Discussion
yea this is why I don't bet on sports - all these guys have so much better info than me on what the players and teams and coaches and referees and everybody is doing. Like, I don't stand a chance. The last bet that I made was in 2005 in Vegas, McBride vs Tyson. When I made the bet on McBride to win it was like 4:1 but the line kept moving faster toward lower payout for McBride closer to the fight. I stayed away completely from sports betting since then, so I'll always remain a winner vs Vegas!!! -
SPX returns 15% plus for past three years straight, so take a breather for -10% in 2026, While PM marlboro cigs hit record highs? not bad baby!
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You and your Goldman Funboys, get a room!
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Oh yea I think there was some dude on this forums whose wife picked PLTR and others that outperformed. I think this guy then posted his wife's another buy was ASTS and I made some money free riding off that idea! The thing that got me about my hygienist was how she kept going on about how much she believed, BELIEVED in crypto. Listening to that I thought, uh oh...
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Which activities in life brings you the most fun?
brobro777 replied to Charlie's topic in General Discussion
Watching this kind of stuff is pretty fun: I gotta say though, this video would have been more entertaining if there were trading halts for stocks or limit up/down moves for futures. I mean imagine you're long some crazy momo stock on margin and they halt trading, just for the stock to gap down 80% when they lift the halt a week later? Now THAT would be entertaining! -
Listen guys my next dental appointment is in June. I'll let you know what my hygienist says then!
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I told you guys 2 months ago! My dental hygienist being so crazy about crypto was a bad sign baby, bad sign!
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And tobacco/nicotine outperforming in 2026 just like last year!
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What are you listening to ? (Music thread)
brobro777 replied to Spekulatius's topic in General Discussion
Dean Martin! -
Big crack in silver and gold maybe spreading to others? Selling begets selling!
