/biz/ - Business & Finance

Seems like there's a trend via web-scraping and alternative data that feeds into hedge funds, they already many steps a head of us.

I think all our posts, google searches, location data, phone data are all likely fed into hedge funds' data collections, they know what we are searching up. what stocks we want to buy, etc. So why the fuck we even try?

I came to this conclusion after watching some murder documentaries, where google and other data collection engines released the killers info, search results, phone data, phone location etc. How the fuck do we know that our data isn't being sold off to hedge funds right now and they pumping shit and then dumping on us?

I think that's why so many NEETs and retail investors here lose money.

I honestly haven't met anybody who made it big with penny stocks, met a few who left crypto early before it tanked and made some $.

I honestly hear more stories that people getting divorced after investing heavily into these fucking shit ass asset classes and losing big. marriage counsel didn't help even.

Most people I know, appear to make their wealth via their jobs/careers or housing/property investment.

Is a stable job and property the only places that hold value now?

Anons, if you do invest, I think just invest in indices SP500 etc, and better to stay poor than some fags here use their credit card debt and buy crypto and fuckin stocks and shit. dumb dumb dumb.

Lets have a serious discussion, is our data being collected and transferred to hedge funds and can we beat the market?