The greatest realization of the stock market was learning it was how people felt and no real mathematical decisions or even educated guesses. “President Trump woke up with a headache today and took Tylenol for it.” Tylenol stocks skyrocket No logic, just reactions.
A few years ago, I set my mind to understanding stock market investing. It had always looked intimidating, but I have a couple of degrees that required me to pass chemistry, physics, and engineering courses - I figured I could learn if I put my mind to it.
What I discovered was that the stock market is mainly hype. For all the formulae and Greek letters that look complex and deter the general public, the emperor is really wearing no clothes.
Stock prices rarely follow fundamental analysis of value, and rather mostly pre-empt news cycles due to insider trading. And technical analysis seems to be a bunch of fortune tellers who think they have discovered Newtonian calculus by drawing tangent lines off cherry picked data.
Furthermore, the entire system supports the enshittification of our economy. When a company is supposed to make MORE profit every quarter rather than just maintain profitability, it leads to lower quality goods and services and worsening work conditions.
I realised this a while ago, and it’s frankly baffling to me that anyone can pretend it has any direct relationship to how well a company is actually performing. It literally doesn’t matter how well a company is performing, if people buy the stocks the price goes up, if they sell the stocks the price goes down. There is no other factor that matters.
The fact that people buying and selling usually correlates with a company doing well or poorly doesn’t actually mean those two things are inherently connected.
so many of my friends work in brokerages. It’s actually really sad how many millionaires calling them acting like the entire world is ending at 2 am. Every single fucking day.
The greatest realization of the stock market was learning it was how people felt and no real mathematical decisions or even educated guesses. “President Trump woke up with a headache today and took Tylenol for it.” Tylenol stocks skyrocket No logic, just reactions.
A few years ago, I set my mind to understanding stock market investing. It had always looked intimidating, but I have a couple of degrees that required me to pass chemistry, physics, and engineering courses - I figured I could learn if I put my mind to it.
What I discovered was that the stock market is mainly hype. For all the formulae and Greek letters that look complex and deter the general public, the emperor is really wearing no clothes.
Stock prices rarely follow fundamental analysis of value, and rather mostly pre-empt news cycles due to insider trading. And technical analysis seems to be a bunch of fortune tellers who think they have discovered Newtonian calculus by drawing tangent lines off cherry picked data.
Furthermore, the entire system supports the enshittification of our economy. When a company is supposed to make MORE profit every quarter rather than just maintain profitability, it leads to lower quality goods and services and worsening work conditions.
I realised this a while ago, and it’s frankly baffling to me that anyone can pretend it has any direct relationship to how well a company is actually performing. It literally doesn’t matter how well a company is performing, if people buy the stocks the price goes up, if they sell the stocks the price goes down. There is no other factor that matters.
The fact that people buying and selling usually correlates with a company doing well or poorly doesn’t actually mean those two things are inherently connected.
See also: GameStop
so many of my friends work in brokerages. It’s actually really sad how many millionaires calling them acting like the entire world is ending at 2 am. Every single fucking day.
It’s like having a permanent baby to look after.
When you have money that’s all you’re worried about it appears as well.
If the investments you’re making are beyond your risk tolerance - you fucked up.
Yup. Apparently winning isn’t really winning.