/biz/ - Business & Finance

Can you elaborate on how the technological support gives them such a big edge?

>>9010118
If you don't know, you shouldn't be investing even more. There's a reason Warren Buffet's core principle is knowing your circle of competence and staying within it.

> trading bots
> machine learning
> financial analysis beyond human capabilities

>>9010240
I feel like pic related right now. My first reaction has been so what? I see that as adding infinite humans.

>>9010240
Didn’t take a genius to invest in bitcoin or ethereum. I did it. All you had to do was be remotely interested in the world going on around you and you would have discovered it. Sucks to be you

Common 4chan finance post template

Courtesy of Copy Ranger, this VSL formula features 3 calls to action, which is interesting because it’s rather aggressive (but potentially necessary):

The “Attention Grabbing Greeting”
Identify the problem and promise to solve it
Establish scarcity
Agitate the problem
Provide your solution as THE solution
Present the features and benefits of the solution
Your first call to action, this one based in satisfying a desire
List off your credentials, including proof, results, examples, testimonials
Explain your guarantee

>>9010554
I don't understand where you want to go with this. There are shills and LARPs. And there's people.

Have fun still underperforming an index fund lmao.

>literally you

>>9010240
> trading bots
> machine learning
> financial analysis beyond human capabilities
lmao all those are just to provide plausible deniability against insider trading, they don't work

>>9010552
a lot of this. you very rarely need intelligence to be successful. op is using his supposed lack of intelligence as an excuse as to why he hasnt made it

>>9010836
I think that OP is doing something weirder but this thread is really interesting to me right now.

>>9009999
If you look back in history, things become clearer with time. Why weren't all the big firms with tons of staff on cryptocurrency as soon as they came out? Why have they been practically silent on the issue until they have no longer been able to ignore it? Innovator's dilemma, they may well cannibalise their main playing field by embracing this one, and so it doesn't make sense for them to do so until they really have no other choice. Looking for this setup is a good way to find good investments in my experience, because you're competing with people playing a wholly different game than the rest, rather than minor iterations towards progress on well established and understood ideas, which indeed often goes to the most well capitalised players.
Disruptors can totally afford to enter a field and simply destroy everything else there without a concern about their nice neat flaming little shit, and build a new field from the wreckage. Happens over and over again throughout history, especially when technology is involved and permissionless innovation is possible.

>>9010240

this is the formula to your revival

>millions of gypsy poojeets invading poor white cunts
>poor native whites go hungry
>see poojeet gypsies stealing women, jobs, and houses in white cunt
>poor whites organize in the tradition of their ancestors
>start hunting endless surplus of poojeets for organs
>traffick booming supply of fresh poojeet organs to chabadniks
>?????
>profit

>>9009999
>One man’s gain is another man’s loss
False and you completely ruined your get for this shit.

One man has a shitcoin and he wants to sell it for $100
One man wants a shitcoin and he's willing to buy it for $100
They transact
They're both up on the deal

>>9010836
Are you actually retarded? OP just said it's either intelligence or luck. If you're saying a lack of intelligence doesn't stop you making it you're implying its all just luck, like OP

It is essential to know what you know, and more importantly, know what you don’t know.

Only 79% of American adults say science makes life easier. The majority believe science has a positive impact on health, food and the environment, but that means 21% DON’T believe science makes life easier. You think those 21% are going to be able to use science to build shit, technology, engineering?

Physicists Alan Sokal from New York University tactically authored and submitted a paper to Social Text, an un-peer reviewed academic journal of postmodern cultural studies. On the day of publication, Prof. Sokal revealed that his article was gibberish and a hoax intended to critique the field. The editors of Social Text responded by saying the piece was still a valuable contribution to the field, but also claimed Prof. Sokal have behaved unethically. If you are working in an area, like finance, it doesn't even necessarily mean you know your shit. If you understand the science behind what you are doing, quants and so forthe, you are good. And yes, ordinary joes like us ARE NOT GOING TO MAKE MONEY EXCEPT FOR LUCK.

Research on neurosexism shows that traditional media is more sexist towards men, while some social media, particularly blog comments, is more pejorative towards women. The world is changing. You've probably heard that the media is more biased towards women. But so much of what we hear day to day is bullshit. The bullshit finance news we hear day to day, lures us into thinking every day joes can understand shit. We can't. Holy shit, the arrogance.

>>9010918
uh no. op has not yet proven that the only 2 things required to succeed in life are either 1) intelligence or 2) luck.

>>9010554
Checks out

>>9010884
They’re old, slow, and arrogant. Even 10 yrs after electronic trading was made possible the NYSE still had people record trades on a type writer lmao.

>>9011021
Neurosexism is pseudoscience, nobody in the neuroscience field take those guys in serious and just quickly debunk their flawed experiments and theories.
Postmodernism is about the end of meta-discourses, teleological theories of the modernity. It is a philosophical theoretical framework directly in confrontation with the veritative and positivist idea of science, truth, knowledge and rationality. It has not much to do with social sciences (History, Anthropology, Sociology, Political Science, Psychology) except in North America (although it can be an useful framework to be reflexive on scholar's and academic practices). Nobody in the field of social science would take seriously the postmodern gibberish of american "cultural studies".
Don't let biased medias tell you what is the discourse of neurosciences and social sciences and go read actual work produced by serious (aka peer-reviewed) scholars.
t. actual social scientist

>inb4 academia is run by feminist jews to spread their anti-russian/Assad cultural marxist agenda and sterilize the white race REEEEEEEEEEEEEEEEEE

>>9010884
Really interesting idea, definitely a lot of truth in it.
My experience with nocoiners IRL is simply that there is a lot cognitive dissonance when it comes to crypto.
It's pretty unpleasant to think about missing out on a generational opportunity for wealth creation, so your mind will tend to reject the idea initially.
And there are lots of easy ways to reject the validity of crypto (it's a scam, it's immoral, it's dangerous etc etc).
I have no doubt that for example Jamie Dimon's dismissals were genuinely felt.

I think that what OP is trying to do here is disprove his own point. And on purpose. There's all this information around us that's saying don't try. But it's all a bluff. You need the credentials, you need the experience, you need... and you can't ever have enough so don't. Stay on the sensible path, know your place and stay there because otherwise we're going to get lost. And you can't leave the path because everybody knows that's the path, otherwise someone smarter and stronger would have taken you there. This is your lane and you have to stay there. When all you need to walk free is to fucking want to do it not caring about how completely stupid you will look to anyone else if they're right and you actually get lost.

That, or he is being completely literal on every point and I'm deluding myself.

>when I win its by skill, when other people win its by luck

Always the same shit with slaves.

>>9009999

Oh good, someone who isn't shilling shitcoins.

What do with approximately 1400 USD?

>>9009999
Checked, just hodl, bro. No brain required. Not earliest, but now is still early-enough. We'll make it.