SpaceX stock falls below its $135 IPO price to $115.26, giving short sellers $15.5 billion in paper profits as traders double down on bearish market bets.
That’s exactly what I’m saying. Any edge that I have as an individual isn’t relevant against these people. They have far superior information. I don’t have a chance.
Plus, it’s not anecdotal AND goes beyond your statement.
Through the years and statistical analysis, it has been proven that picking stock, even by professionals is still mostly luck. I think analysts have ran out of ridiculous examples of animals picking stock randomly and still coming on top in a long enough time period.
So if even the “professionals” are not really doing much, why would any individual nurture the thought that THEY could do better?
To explain why you did so well, so the chumps who didn’t bother have to go and sit in court sometimes, which probably gets them loser points at the next child raping party.
Why bother with that when you can just do a little inside trading during the next child raping party?
That’s exactly what I’m saying. Any edge that I have as an individual isn’t relevant against these people. They have far superior information. I don’t have a chance.
yeap, you are 100% correct
Plus, it’s not anecdotal AND goes beyond your statement.
Through the years and statistical analysis, it has been proven that picking stock, even by professionals is still mostly luck. I think analysts have ran out of ridiculous examples of animals picking stock randomly and still coming on top in a long enough time period.
So if even the “professionals” are not really doing much, why would any individual nurture the thought that THEY could do better?
https://unwall.app/www.forbes.com/sites/rickferri/2012/12/20/any-monkey-can-beat-the-market/
https://www.npr.org/sections/money/2013/01/14/169326326/housecat-beats-investors-in-stock-market-challenge
https://acquirersmultiple.com/2018/04/daniel-kahneman-the-illusion-of-stock-picking-skill/
To explain why you did so well, so the chumps who didn’t bother have to go and sit in court sometimes, which probably gets them loser points at the next child raping party.
Fuck, this is dark. I’m gonna go hug someone.