/biz/ - Business & Finance

First rule of The Intelligent Investor is to never put in money you can't live without.

>>26761655
I remember the part of the Intelligent Investor that tells you to short more than shares than there are available to buy

>Ivy League grads are dumb enough to naked short 140%

Academia is a joke.

>>26761655
>And some redditors bodied me
yikes

>>26761655
I thought these types were all about competition.

>>26761655
fucking faggot
fuck that guy

>>26761655
He clearly didn't do the right thing then lmao.

>>26761655
I never read The Intelligent Investor. Is there are part where it says naked short a stock 140%? They may need to update the book and include a section about not trying to fight weaponized autism in the digital age.

I dont even know what a CFA is.
No one tell me.

Vae victis.

>>26761818
>>26762627
I wonder if it has a chapter on begging the government to give you money after you do retarded investments .

>>26761655
The amount of cope and seethe in the air is amazing.

>>26762821
Chief Financial Afficer

Who here is retard6969?

>>26761655
pain

This is my first time visiting this website and I have to say I am very disheartened to see this kind of glib attitude being taken by most of the members here.

It seems that many of you think this is an appropriate way to vent some frustration. Maybe you’re a little upset about lockdowns or maybe you lost a job. Let me tell you from experience, this type of acting out never ends well.

Think about this rationally. Why would you want to crash the entire system just because you lost a job? You’re getting support from the government and mortgage relief. Once the vaccine is widely available, we can go back to some level of normalcy (with restrictions) and there will be whole new industries available to those that are currently unemployed.

This is how creative destruction in a capitalist system is supposed to work. Trying to trigger a system shock to the economy will not cause creative destruction, it will only destroy.

Please pause and think about the consequences of your actions before playing this game. I’m telling you, this is being discussed at the highest levels of govt right now and a lot of eyes are on this. Proceed with caution.

YOUTHS!

>>26761655
Imagine being such a sociopath you can't see the flaw in your own strategy even after a bunch of 16 year olds on the internet liquidate your entire fund while telling you exactly how.

>>26761655
For the first time in 3 years, im happy.

I’m getting really fucking sick of the nouveau riche suits who describe any investor who isn’t like them as ‘unsophisticated’ in an attempt to seem superior when they themselves are just greedy assholes

>>26763019
Lurk more

HODL THIS AREA!

>>26763096
thanks for the warning boomer
ill make sure to continue avoiding women and obligations so that i dont get pussified

>>26762821

Certified Faggot Asshole.

AYE!

>>26763387
surprise they're all jewish

>>26763096
>>26763224
>incels are the reason my shitty investment failed! We need to steal money from young men!
the absolute state

nobody deserves anything. its a doggy dog world and for all intensive purposes, hedgies have to bide the bull in

>>26761655
Faggot I’d kill if it I met and said that to face

is that book good?

>>26763670
>doggy dog

WE ARE THE ECONOMIC STORM TROOPERS

>>26761655
Your Undergrad at Harvard really helped you out, didn't it? It's almost like you're already horrible at decision making enough to waste your money on an ''education''.

>>26763224
employ me, faggot

>>26763794
allow me to be double's advocate

>>26763096
is this tweet pro-sex or anti-sex I can't tell

>>26763096
What if you could trade women like stocks?

>>26761655
Masters Grad here. Fuck pencil necks. You got this, dropouts!

>>26761655
>undergrad at harvard
>you did the right thing
years of cope for being a nerd will make you believe this

>>26763224
>We have cut the share of wealth of young people
>This is unacceptable! We need to cut it by more

Fuck boomer cunts

>>26761779
Exactly this

>>26763181
You know, I’m starting to understand the porky meme even more

>>26762968
Carlos Slim

>>26761655
i went to college, but there are no jobs. I dont feel bad for the hedggers

>>26763096
>MFW its real
I would like to formerly apologize to all the /pol/tards ive insulted over the years. You were right.

>>26763387
>Cohen
We can't hide :(

>>26763387
>roaring kitty's reddit mob

>>26761655
Iol

>>26763181
Buy low, sell high.
Congratulations, you're a sophisticated investor now.

>>26764000
sow the wind reap the whirled wind

>>26763387
Go ahead, write your articles. Wont make me sell

>>26761655
>Caring about wahmen
Sorry man, ngmi.

>>26764000
more like triples advocate for all intensive purposes

>>26761655
I hope this guy ends up with a pair of knee pads and a meth addiction to his name.

>>26763019
>frustration

>>26761779
Is this book worth reading?

>>26763670
nice bait

>>26761655

>>26761655
>finely tuning your craft
>shorting 260% of a stock
no hes not right, the only finely tuned skills on display here are straight from the fucking talmud

>>26761655
>WAHHHHHHHHHHHHHHHHHHHH

You can cry but you're toast the moment you try any funny business

>deserve

>>26761655
That's right. Now bring me my tendies.

>>26763019
nigger

>>26763224
The obvious logical solution is to ban women from the workforce. Male unemployment will go to 0, and unemployed young women aren't dangerous for the country. As an added bonus, children will be raised better because they will have mothers at home to take care of them.

>>26764363
No jobs. You have a piece of paper that inherently makes life easier for you. I did drugs and lived on couches for a smooth decade and a half after high school. Decided 2 years ago that I would stop feeling sorry for myself and put the work/effort in. Make 100k/yr. now with no college. No jobs... quit making excuses for yourself and make it happen.

>>26761655

>Capitalism haha winners and losers I'm a winner can't handle the heat get out of the kitchen. Greed is good.
>Lose money
>REEEEE IT'S NOT FAIR

Fuck hedgies. Fuck Wall Street
https://youtu.be/uMDj3z5h1_I

>>26764000
>triples advocate
bullish

>>26763019
lurk more kike

>>26764367
we all make that painful realization someday. the question is can you keep your golden nature with such maddening knowledge? Let none wrest it from ye.

>>26763096
Send over your mom so I can have enough sex

>>26761655
>(((YOU DID THE RIGHT THING)))
>they didn't!

>>26761655
In all seriousness. Shorting stock is serious business. No one should be basing all their wealth on something so high risk. Especially shorting over 100% of what's available. Also boomers are not ready for the new generations methods of war.

https://m.youtube.com/watch?v=J0aTygRmubo
The financial Hedge Funds on Friday

>>26761996
Seriously the more time goes on, the more it feels true. What is purpouse of academia if some NEET hobbyists with too much free time on their hands can produce much better results than highly-trained monkeys.

The Intelligent Investor Summary
There are 3 principles to intelligent investing: analyze for the long term, protect yourself from losses, and don't go for crazy profits.

kek

>>26763952
why is there not more 34 of Enby?

>>26763387

>they're doubling down and resorting to insults now

Goddamn Wall Street is going to be funny as fuck for years now

>>26761655
Why is he salty about HS dropouts?

>>26763019
literally neck yourself faggot lmao

>>26764367
Apology accepted, welcome aboard fren

>>26761655
not a matter of deserve
if you do the things you need to do that THEY ALREADY DO to get rich, well
then you deserve it simply for doing the thing
this is simply an attack they're unused to, and something that doesn't play by the -unwritten- rules makes them fucking squirm because normally they can browbeat each other with fear of massive losses and backdoor circlejerk sessions smoothing things out
but these autists have the ball and don't have to let go
this is literally fucking Timothy Dexter pissing off rich faggots level retarded autism and then some

>>26761655
Christ these faggots are fucking insufferable. The same university types who cry "eat the rich" yet are begging for government intervention to bail out yet another rich jewish retard, and the masses just gobble it up.

>Work day and night on the worst shifts that no one will cover just so you can get overtime
>Maybe make 2k a week after taxes so you can have some extra dough saved up for that run down house on the other side of town you invisioned fixing up
>have 0 friends other than those two guys that you sometimes grab a drink with after a long day
>one of them is 40 and still rates girls on a number scale
>he uses decimals
>the other hasn't had a haircut in a year.
>finally come up with enough money for a down payment and reach that goal of a 675 credit score qualifying for the loan you needed.
>approved for the loan
> immediately get in contact with your realtor
>the house was sold.
>paid in cash
>visit the house to maybe catch a glimpse of the guy and see if you can strike a deal
>pull up to the neighbors and see nothing bust ashes and charcoal
>the house caught fire
>in a party
>by a bunch of college age kids
>the guy who bought it made millions off of some stock market abnormality that made him rich over night
>he bought the house just to throw a "fuckin lit rager" as a couple hundred delinquent teenagers burnt it to the ground so they could post it on their timeliness
>the kid had insurance on the house
>he is now 100k dollars richer
>it took you 18 months to save 15k.

>>26766023

>NOOOOOOOOOO!
>YOU CAN'T JUST BE GOOD AT SOMETHING WITHOUT GOING THROUGH THE INSTITUTIONS!

It's like when Navy Seals get wiped out by goat herders or some janitor solves some scientific riddle

>>26763019
Get fucked cunt

>>26762821
coom federation associate

>>26766237
Reminds me of the guy on /a/ that solved a mathematical mystery talking about Haruhi episodes. There are bright people all around, academia is too proud to admit they haven't got them all

>>26763019
Get raped.

>>26764023
I'm pretty sure that kind of thing goes on in Dubai.

>>26761655
Actually I'm a college dropout.

>>26764572
I'd say yes but many of the guidelines are severely outdated. It is a very old book and lots of things have changed since it was written but it still has lots of educational value.

>tender
>not tendie

disregarded

>>26761779
>buy low sell high
Yeah my dude, you can't live without this book. Literally as the same level of your average Youtube "coach".

>>26761655
I mop floors for a living and i got to turf out this jew.
Feels good man.

>>26763019
I've got nothing to lose.

>>26766621
What's a better book?

>>26765129
based.

>>26765129
That won't happen until women run the economy into the ground. Then they will want us to rebuild it for them.

>>26764367
Its okay fren we've all had that moment

>>26764740
Kek

>>26763019
This has nothing to do with frustration or job loss. I'm pretty content with my life despite how poor I may be and I'm pretty happy with the job I have. Nah I've already thought about it, and I've reached my conclusion:

I have nothing to lose because I'm already poor and you're mad because your short selling scam isn't going to survive until Friday. We win, you lose. Welcome to the market, pal. Maybe next time don't make such big bets with money you aren't prepared to lose.

>>26764572
>Is this book worth reading?


Jesus christ is this even a question?

Get this with the annotated version.

You're welcome.

https://www.amazon.com/Intelligent-Investor-Definitive-Investing-Essentials/dp/0060555661

>>26763096
>so women are just sex objects made to fix men now?
these people are dangerously close to being like the people they hate so much

>>26766236
>invisioned
Stopped reading there. Some people....

>>26761655
and then the fed gives you everything you lost and then some

>>26763181
they do the same with being "educated" they constantly talk about not shitting on niggers for not having enough education but always call people they don't like uneducated. it's all lip service and social points

>High school dropouts
I have a Masters degree

>>26761655
Maybe the hedge fund managers should just have not spent so much money on avocado toast.

>>26762968
>donate to your local hedge fund

Delusion.

Who the fuck actually supports hedge funds? Everybody I know, across all sides of the political spectrum, hate them and see them as dishonest at best and an enemy of the people at worst.

>>26766757
One up on wall st. Or common stock and uncommon profits ard my top picks. Intelligent investor is wild boring

>>26761655
>fall for the student loan meme
>40 years worth of debt
>chantards trying to save money for sex robots ruin your life

The absolute state

>>26767729
It was a joke you fucking autist. He's mocking the hedges.

>>26765951
none, actually. Either your smart and you put in the work or you don't. school doesn't make you do that

>>26763019
>Frustration
No I have a comfortable part-time job, the pandemic has actually increased my wage. I'm doing it because it's funny.

>>26764023
Can you imagine the headache of holding such a volatile constantly depreciating asset? You’re better off investing in day old donuts at your local mom and pop

>>26762821
Cum Feeding Asshat

>>26764023
>Literally buy high sell low

>>26767930
This. We need to lock the /pol/ trapdoor. First it's spergy humor impairment; next it'll be Qooming.

>(((Harvard)))
That's right goyim. Only the Chosen are allowed to make money

>>26761655
>Did the people here deserve to get this rich?
wrong question to ask

the correct question is did the kikes deserve to lose so much?
and the answer is that they deserve to lose everything
absolutely everything
...and then some

>>26763019
What is this post even? Be a lapdog to the system somewhere else please.

>>26768923
it's just a copypasta being spammed for (You)'s, it's unfortunately working

>>26766574
They hardly have any.

>>26764367
kek

>>26761655
Imagine doing all that, and still not know you shouldn’t short more than 100% of a stock.
Should give Harvard business degrees out in cereal boxes

>>26763224
How would cutting their wealth make them less likely to go to war? They're already strapped for cash with very little to lose. Wouldn't that only make it MORE likely?
What the fuck is this logic?

>>26762821
Chick Fil A

>>26762968
Based.

>>26761655
Yes. God is perfectly just, nigger.

>>26763019
Pause and think about YOUR actions, numb nuts
Some cunts in Congress are gonna try and give a bailout to Wall St. before securing stimulus relief for their own constituents, and they are going to be tarred and feathered for it (metaphorically, and later on ballot-boxingly)

Oh no I thought with education I was better than people but then I realized I was just a greedy asshole and I got mine. I hope he pays Harvard debt forever and lives life in the form of slavery he hoped to inflict upon others. lol.

>>26761655
>Kikes like this will literally unironically be on suicide watch this weekend
Never thought I'd see the day

>>26767729
Fucking sperg

Everyone who got ahead on Wall Street did so through nepotism and destroying the lives of ordiannry people. Pretty much nobody gets into top schools with money/connections of a diversity quoata either. Fuck em

>>26764023
What do you think daughters are?

>>26763224
For everyone who can’t read, he’s saying “we have cut” (past tense) as in that’s part of the problem.

>you did everything right and are super smart
>that's why a bunch of retarded man children beat you

Don't like to trade crypto, as it's hard to get a money with it, but I am a fan of binary exchangesDoes anyone use Baex( #baex)?

A lot of people are talking about it, and I want to know your opinion. As for pros, people talk about a great number of popular shares and market instruments, as well as a referral program and transparent open-source code. Is it a good decision?

>>26765951
>institute of higher learning
>INFORMATION age
how most people havent put two and two together is really amazing. now, there are some things you need training for--medical school, accountancy; but most of that is learned in a few months on the job rather than the 4 years you went to school
>>26761655
another way of saying this
>be rich kike son
>rich kike pays for your tutoring, your special club meetings, makes sure you live with everything you could possible ever need or want to succeed
>someone who doesnt have that topples your empire
GOYIM NO, ITS ANNUDA SHOAH

>>26769265
he's saying that the wealth cut has already happened and lead to this happening and will lead to it continuing, along with worse things

>>26761655
His fund got liquidated. His clients are the one out of money. Melvin still sleeps in his 44 million mansion every night. Fuck him.

>>26763179
I’m a normie, I’m not part of this, but I am so happy for you guys

>>26761655
>Dedicate your life to learning how to professionally and legally scam people and steal their money
>Lose your money.

>>26761655
Don't gamble what you can't afford to lose, this is the kind of people who called crypto investors degenerate gamblers.
>17 captchas first post of the day

>>26763670
that's dog eat dog and for all intents snd purposes you smoothbrained faggot!

>>26765183
Prove it

Its too exhausting and depressing to fight against it all. It's not even rewarding in the end.

>>26769708
*hits pipe*

>>26763019
is this fresh or stale pasta? I can't tell.

>>26761996
its arrogance that gets them

>>26761655
> Deserve
Maybe it's time to learn getting rich has as much to do about luck and timing, and your personal ethics mean jack all. Learning skills and how/where to apply them can improve your luck, but nothing beats being in the right place at the right time. You'd be utterly stunned how dumb some of the people at upper levels of the world are, everyone just gives them a free pass because they're rich.
>>26765951
Gatekeeping to make sure the "right" people enter the "right" clubs in life, merit be damned.

>>26761655
Im making good money and I eat chicken tenders.

this faggot thinks if you eat caviar you're a real professional investor

>>26770536
fell for the b8

This is a literal hodlcaust. never forget Stein11

im glad this jewish faggot is getting liquated.

>>26767205
>amazog
Gamestop should try to corner the market on books.

>>26762968
Hey

>>26763096
>literally "have sex" the post

YCMTSU

>>26769114
this. my college is paid for by my honorable discharge and they even pay my rent while i go to school and i can't bring myself to go to their bullshit classes. i teach myself everything in the classes anyway because the professors just read mindless powerpoints and complain about "straight white males" half the time anyway. college is for normalcattle.

>>26763019
i r8 8/8

>>26764512
In tents and porpoises

>>26761655
>'deserve'
Stop fucking thinking this way. This has nothing to do with how hard you try, how smart you are, or whatever else you do to think you deserve something. If they deserved to be rich, then they wouldn't be panicking over GME. It's really that simple. Anyone who has made money at the end of the day deserved it, not because of any degree or book they read, but purely because they made money.

>You did the right thing
>profit from dying companies
Ok

>>26766236
>insurance not fucking him in the ass when over a housefire he caused
Even if lightning strikes your house, if you had a nail sticking 2cm higher than your roofline you best be sure insurance is going to fuck you over it.

>>26772150
try libgen you fucking faggot

>>26764023
The women market would be awful. You'd have to buy in at like 4 before any primary or secondary sexual characteristics develop and hope to god you don't get a 5/10 during the breeding years. It would be a shortsellers paradise though, so long as people don't care if they get the exact same girl back

>>26762846
based and barbarianpilled

>crypto_bobby
>tfw its 2016 newfag electric bogaloo pt 2

>>26761996
They obviously didn’t expect this to happen

>>26770882
>>26761996
The worst thing is, the last 4 years have only made them double down on their belief that they are of superior intelligence. Many courses now are explicitly teaching that academia rarely disagrees, that there isn't usually more than 1 perspective on big issues, and that academia and politicians don't lie but the media does.
I fucking wish I were joking.

>>26761996
It’s not 1 person that did it. As soon as it got to 40%, the hedgies should have backed off to stay safe. Instead more and more firms got greedy and (illegally) naked shorted it to a first ever 130%. Again, smart firms should have immediately done something to protect themselves, instead they keep doubling down.

Literally the only thing that can save them and whoever holds the loans is the government fucking the average joe.

>>26766574
Sauce?

>>26764367
Frens?
Frens.

a n g e r y

>>26767729
Literal fucking fag

>>26762968
>retard6969
>donate to your local hedge fund
kek, melvin on suicide watch atm

>>26762968
>make women insufferable cunts
>make them become complacent with being fat
>make game's industry absolutely shit due to your fucking quarterly profit focus
>make politics unwinnable
>literally make any hobby filled to the brim with the cultural marxism
>surprised when the only thing left to game is the system itself
Kikes aren't very bright

>>26763096
you will never be a (((rich man))), scott

Hey, im not an expert with this stuff but what if gamestop themselves sold shares because of the high price. I know they couldnt dump a ton but couldn't that still give the hedge fund some breathing room in this whole thing ofc unless we buy it first. I might be wrong but if someone has an explanation I'd appreciate it.

>>26761655
>Short shares that don't exist yet
>be so unwilling to lose money that you call for new laws and extra-legal activity to save your ass
>start claiming the entire economy will crash because one shorting practice that borders on being a reverse pump and dump (should be illegal, honestly) is getting denied by a popular uprising
>while ignoring the fact that the majority of the capital is not coming from that uprising, but rather, other companies who are planning to profit off your own stupidity and cash out early leaving reddit holding the bag
No, he did the wrong thing

And so did WSB lol

>>26761655
>you did the right thing
lol no you didn’t

>>26764023
That sort of human trafficking exists and it's nastier than what you'd imagine.

>>26764367
welcome aboard

>Gamers are going to get into stocks now
Oh boy these kikes are in for a surprise, if only they witnessed the levels of autism, determination and willpower gamers need to have to grind out those 10+ hours of grinding and leveling.

GAMERS RISE UP

>>26764023
women are a depreciating asset
rent
never buy

>>26764367
There's an old 4chan saying that predates all you post 2016 tourists: /pol/ is always right.

>>26762846
>Vae victis
"Oy vey, it's annudah Lehman!"

>>26763019
Would you prefer if we wore black bloc gear and killed some cops instead?

Nok and Amc time?

One of the first things they'll ever teach you in an Investments class is that puts can have infinite downside. As opposed to calls which only have a limited downside (ie. stock going to zero).

Actually they won't even teach you that because it's obvious to anyone with IQ above 60. The hedge funds deserve this.

>>26763019
I literally hope you fucking die.

>>26766236
>2k a week after taxes
>8k a month
>only saved 15k in 18 months

The only retard here is you

>>26761655
What's the context.

>>26781037
Gamestaph

>>26781090
Yeah but who was he replying to?

>>26763019
ok boomer

>>26763019
I cant believe people fall for this fucking bait

>>26765129
Based extremist views

bump

>>26763670
You luke Gloria from modern family amirite?

>>26761655
>did the right thing
>organised a naked short with your Jew buddies
fuck this guy

>>26761655
NOOOOOOOOOO
YOU CAN'T JUST GET RICH BY BEING SMARTER THAN ME
MOMMY AND DADDY PAID FOR HARVARD, THAT MEANS I'M BETTER THAN YOU
BEING RICH IS LITERALLY MY ENTIRE PERSONALITY

No he didn't. He didn't see the tide moving, so now he's out at sea.

>>26761655
>NOOOOOOOOOOOOOO i checked all the boxes im destined to be rich
>NOOOOOO you little fuckers cant do this to me!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

>>26761996
greed gets anyone

>>26786265
they made the mistake of believing technicals mattered anymore

>>26761655
Lol are you fucking serious. I can't believe these mean bullies on the internet hurt this harmless mom and pop hedge fund.