/biz/ - Business & Finance

I'm going to throw a schizo theory out that companies you see on even the SP500 even older then your typical big tech like microsoft or apple were getting tired of paying taxes and behind closed doors bitcoin was always a tax evasion game when accounting and law tricks stopped working as easily. Tether was part of the system and a lot of really high ups in business/government know the tether system will end and monero is secretly going to replace tether quietly in the next 4-8 years. Screenshot if you want but I think the real black swan event will be something big like its 2027 or 2028 in a crypto bear market and a publicly traded company with a 10 billion plus marketcap gets cyber attacked and says the hacking group made them pay a ransom in monero, which sets off a series of events leading to monero slowly becoming the one cryptocoin to actually be used for transactions. When it was really set up to transfer money. Then you see monero in marketcap fly past chainlink in one day and people realize coins outside monero are really shitcoins that are going to zero.

Added more BTI shares. I see theres a big crimewave targetting the cannabis dispensaries, people using literal forklifts to smash into buildings. Easiest long term DD. The little guys will be forced into paying up security costs until their business can't handle the costs. By then the tobacco players will be fairly entrenched into cannabis and crush em. Institutes can't stop dropping FUD either so they're probably accumulating.

>>54531327
Future futes rippin!

>>54526701
Going to have to side with barack on this one donald. Tesla is just too much noise even in 2023. Elon musk is a CEO like you are as a president. Everybody that wants to shake up an industry comes to you guys and the party ends as soon as it starts. Tesla moonboys and elon fanboys from the 2010s got rich in 2021 much like ecelebs from 2016 got rich off you. And where are they now? Elon's trying to make a long in the tooth platform alive again, twitter, and you are going to the courthouse trying to copy 2016 over to 2024. I like it safe and I like it timeless, it has to be mcdonalds for me. How could anyone go wrong? Mcdonalds means money and money means my portfolio gets fat like customers of mcdonalds. Super size me was an advertisement not a documentary, we can get super size me the sequel nowadays and it would just make me feel safer about my fat position in this cheeseburger factory.

>>54508211
I disagree barack. Amazon is a trendy company. You all see automation in warehouses as the big thing of the century but automation is for many companies. I would replace amazon with META. Donald is right about META. No other company is going to capture virtual reality like they did with facebook. Before facebook all we had was dial up and the internet was godawful. Cornpop and his crew of wannabes would keep annoying me on forums. After facebook I could hook up with hunter and his friends. They would get me hookers like I haven't had since 1964 in the back of my chevy pickup. People can keep their orders of chinese junk delivered by unhappy workers from amazon. Technology should be fun and I'll take VR catgirls over crap amazon sells.

>>54504727
I agree barack. I remember the time I bought my first shares of consumer staples. Solid companies to be proud of, and products you did not need to second guess. Warren's a smart guy with his advice about knowing what you are buying. Pop tarts and pringles will always sell. Let me tell you, eating pillsbury doughboy based cookies at mr woodrow wilson's home with his family was a wholesome buy moment for me, and holding it through the great depression was smart.