/smg/ - Stock Market General

[Anonymous No.11811021]

Edition: Memecoin Dead

Transcend humanity edition

>I'm new to the stock market, what stocks should I buy?
Before you buy anything, make a brokerage account and read investopedia articles and/or the books in the OP list. If you don't have a broker, you can't buy stocks, and if you blindly buy things without understanding how the stock market works or doing any research on the individual stocks you're buying, you will lose money and it will be entirely your fault.

List of popular brokers:
https://pastebin.com/mrSchZPg

List of basic stock market terminology for newfags:
https://pastebin.com/VtnpN5iJ

Real-time market news:
https://thefly.com/index.php

Educational sites:
https://www.investopedia.com/
https://www.khanacademy.org/economics-finance-domain

Free in depth technical analysis charts:
http://www.tradingview.com

Premarket Data:
https://pastebin.com/y9PRQLR3

Earnings Report Calendars:
https://biz.yahoo.com/research/earncal/today.html
https://www.earningswhispers.com/calendar

Biopharma Catalyst Calendar:
https://biopharmcatalyst.com/

Pump and Dump Advertising:
https://stocktwits.com

S&P 500 VIX Futures (For SVXY/UVXY, higher is better for UVXY, lower is better for SVXY)
https://www.investing.com/indices/us-spx-vix-futures

Basic rundown on options:
https://www.youtube.com/watch?v=TBAQtjyqNHw [Embed] [Embed]
https://www.youtube.com/watch?v=SuTTzfa4ePE [Embed] [Embed]

Suggested books:
https://pastebin.com/jgA5zTuC

Previous thread: >>11809873

[Anonymous No.11811419]

Is it worth buying the dip in NVDA? Down more than 50% from October 1st, surely oversold

[Anonymous No.11811431]

quiet day here today as crypto carnage takes over. anyways, closing price was neutral after (called) red day. need to wait for tomorrow open prices

[Anonymous No.11811447]

>>11811419
It's oversold, but the market is looking like it's about to capitulate. I'd wait.

[Anonymous No.11811485]

we are getting YIKES'D on brehs, my QLD and SSO purchases are getting roasted

literally down 10% or more on everything from the last couple months, but it will go to ATHs no problem before I sell, ez buy and hold

[Anonymous No.11811508]

>>11811419
Oversold? Not really, the $200+ price was based on crypto mining demand rising. Now that we are going into a crypto bear market, and chinks are jumpstarting their own semiconductor conpanies, well likely see $50 before $300. Buy Nvidia when we are deep in this recession. Worldwide debt to gdp is at an alltime high. Id wait another 12-18 months at least.

[Anonymous No.11811708]

NVDA buy yet?

[Anonymous No.11812496]

>>11811419
Only if it goes below 120.

[BagholderExtraordinaire !!2wgod7RQeJh No.11813230]

I take a few weeks off and the whole market goes into a free fall. What happened goys?

[Anonymous No.11813287]

>>11813230
comfy bought Tqqq then the market crashed

[BagholderExtraordinaire !!2wgod7RQeJh No.11813322]

>>11813287
So it wasn't the democrats? It was actually Comfy?

[Anonymous No.11813350]

>>11813322
we mooned hard immediately after midterms

it was actually a combination of comfy and texas anon buying TQQ at 70 that set off the sell bots

[Anonymous No.11813355]

>>11813322
Its liquidity issues, move into safe bonds in December

[Anonymous No.11813384]

I've gotten 20% returns after buying cracker barrel in the dip, and about 15% for buying dollar general in July. These are my only major stockholdings atm, feeling good

[grim !!tqKNtpU7P6O No.11813405]

First for no more gambling.

[Anonymous No.11813411]

Red week, red month, red year, red decade.

[Anonymous No.11813731]

>tfw trying to swing trade 3x ETF's through this volatility

[LCIguy !7SgaW5KMQI No.11813769]

>>11813230
Comfy legit bought the top of the entire market..

[grim !!tqKNtpU7P6O No.11813789]

>>11813769
RIP

[Dobber !!qEeBALi+hGB No.11813791]

>>11813769
>bought the top
classic /biz/. Goodnight, sweet comfy prince. You will be missed.

[Dobber !!qEeBALi+hGB No.11813862]

Reading some recommended articles on robinhood for the luls, found this one

https://seekingalpha.com/article/4223280-microsoft-may-best-tech-stock-can-right-now
>MSFT maybe the best tech stock you can buy
>drops 3% today
>/TECH'd/

who fucking writes these things lmao? My grandma could make better trades in her grave.

[Anonymous No.11813907]

>>11813731

THIS, I just want to short the market with some COMFY ETF'S, and com back in a year and cash out my gains, watching this daily volatility is stressin me out!

[Anonymous No.11814342]

>>11813907
1 year is too small of a time horizon, look at a decade or more

actually dont do this, i love when you keep failing, all that money flows directly to me forever

[Anonymous No.11814419]

>>11813907
If you don't thrive on this volatility, get out of the market for the next two years.

[Anonymous No.11814466]

>>11814419

Well i'm not a day trader, so no I don't thrive on volatility, I'm just trying to learn from my mistakes of not shorting the market back in 2008 when i could have made some good money. Now that I am old enough to understand what market tops look like, im ready to make a bet against the market and sit back and wait a year to see how much i can gain.

[grim !!tqKNtpU7P6O No.11814512]

>>11814466
I think the play in 2008 would have been to buy everything.

[Anonymous No.11814561]

>>11814512

Well no, if your time horizon was a one year bet, 2009 was the market bottom, had i shorted in 2008 i would have had a large return. I thought we would double dip recession in 2010, shorted then, market kept going up, fuck my life.

[Anonymous No.11814573]

I don't get it, is it possible to beat the market? At all? Is this game basically trying to teach us, don't' do anything but invest in index funds?

https://buildyourstax.com/

[reluctant kneepad girl No.11814587]

>>11813769

[grim !!tqKNtpU7P6O No.11814602]

>>11814561
Yes, but who's to say you wouldn't have kept shorting the entire time until you lost money. The better outcome is having a positive look on the stock market over a large timespan. Had you bought everything in 2008 and held, I think you would still be better off. This way you wouldn't have to time anything and you'd get some pretty neat divs on the way. You would also never have to "make a decision" after buying, whereas if you shorted you'd be constricted to when you believed the bottom would be.

[grim !!tqKNtpU7P6O No.11814610]

>>11814602
>>11814561
I suppose the real question is, are you better at figuring out the bottom or are you better at holding your losses for future possible gains?

[Anonymous No.11814615]

>>11813769
I made all of my money shorting the things he bought. Comfy's money is mine now.

[Anonymous No.11814622]

>>11814573
Yep. Its coded that way, to shill index funds.
I wish there were games that used factual historical data for graphs, and real companies and shit.

[Anonymous No.11814696]

I didn't see a stupid questions thread, and this thread seems to be the best place to ask based on the context

I've saved up 4K in cash, and desire to make extra money with this amount. No I don't want to do drugs, I want to invest in stock and earn over time. What is a beginners way to get started, say invest and earn $100 over X time?

[Anonymous No.11814710]

In NIO at $7.80

how fucked am I?

[Anonymous No.11814719]

>>11813411
AW MAN

[Anonymous No.11814740]

>>11814696
buy QQQ and SPy split 50/50 and do nothing else, never sell

[Anonymous No.11814756]

>>11811447
Comfy WM, SPYD, and NOBL holder is ready for the panic. I've been banking dividends to rebuy when it bottoms.

[Anonymous No.11814757]

I am currently maxing out my TSP (government 401k plan) at 18k a year. But I think the stock market is way overvalued and the crypto market is way undervalued. Would I be retarded to lower my contributions just enough for the employer matching and put the rest in crypto?

[Anonymous No.11814768]

>>11814740
Oh OK. Uh, also, simplified please? No offence, I don't know anything about the stock market

[Anonymous No.11814784]

>>11814768
QQQ is the symbol for your brokerage that is an index fund for the Nasdaq. You will see the Nasdaq number on CNN/Fox etc, your QQQ index fund will go up or down basically the same % as it does.

SPY is index fund for the S&P500, same thing. If the SP500 goes up .56% one day, your SPY will gain between .55-.57% or so that day.

[Anonymous No.11814815]

I switched to part-time at wageslavery a couple months back, trying to make the switch to full-time trading, and today I received a very lovely letter from my pension plan. It seems, since I am no longer paying in to said plan as I am a part-time hourly time clock puncher now, I have to tell them where to put my pension cash monies. Now, I knew most of it would have to go in to LIRA (locked until I'm 50 by federal law) as I am by no means retirement age, it seems there were some over-contributions made that I can receive right away in spendable cash monies.

Didn't read blog: OMG I HAVE SEVERAL EXTRA THOUSANDS TO GAMBLE ON SHITSTOCKS NOW

fuck yea. By the way, if I can trade inside the LIRA... you better believe those funds are getting gambled too. This has lubricated my switch to trading for a living in a completely unanticipated way.

[LCIguy !7SgaW5KMQI No.11814825]

>>11814768
don't listen to him. he doesn't know what he is talking about.

[Anonymous No.11814831]

according to screeners ford is a perfect value stock to buy

do you agree?

[Anonymous No.11814835]

>>11811447
>capitulate
dumb libtard

[Anonymous No.11814839]

>>11811508
this. companies like GE & TSLA who have to bring issue after issue of debt to the market will be crushed by epic schiff bear 2020 boogaloo.

[Anonymous No.11814843]

>>11814815
All in UDOW

[Anonymous No.11814857]

>>11814825
OK.

Who does?

[Anonymous No.11814862]

>>11814622
Do you (or anyone else for that fact) know of any good stock market games that use real world data?

[Anonymous No.11814865]

>>11814784
VTI > SPY and QQQ

[grim !!tqKNtpU7P6O No.11814872]

>>11814561
Fuck you computer.

[Anonymous No.11814878]

>>11814862
Just use a paper account you dumb fag?

[grim !!tqKNtpU7P6O No.11814886]

>>11814857
No one.

[Anonymous No.11814923]

>>11814843
>All in UDOW

The golden bull will come.

[Anonymous No.11814937]

>>11814831
Ford is going bankrupt

[Anonymous No.11814972]

>>11814696
>>11814857
well i can try to give you my advice for buy and hold. Berkshire Hathaway is a conservative company and your chance of total loss is almost zero. Berkshire is basically an index fund at this point, so if you wanted to wait for a dip, you could do that and get steady comfy gains over time.
Apple is nicely priced right now, they posted analyst-beating earnings but their stock has still went down like 18% over the last few weeks because people are scared about iPhone sales. AAPL seems pretty nice and cheap rn.

Ulta Beauty has a dedicated customer base who need specific beauty brands that walmart and other big broad retailers dont carry. They are looking pretty expensive though and I would wait awhile b4 buying.

So, in summary, buy BRK.B, AAPL, and hold off until a big dip to buy ULTA.
But do your own research, this is a business board on a tunisian rug scat fetish website.

[Anonymous No.11814983]

>>11814872
What were your years and portfolio mix?

[grim !!tqKNtpU7P6O No.11814990]

>>11814983
Fug, I already closed the window

[Anonymous No.11815035]

>>11814872
>>11814983
>>11814990

what is this?

[Anonymous No.11815111]

>>11815035
It's a stock market game, see >>11814573

[Anonymous No.11815113]

All right bros, I'm $160 average on FB. When can I sell this shit and return to comfy index funds? This is half (and dropping) of my Robinhood account.

[Anonymous No.11815136]

>>11814602

I'd say i'm good at picking tops now, All the evidence suggest this bull cycle reached it's top in 2018, I got about 3,000 to invest right now, i'm going 100 percent short the market, i'm not a believer in diversification.

[Anonymous No.11815140]

>>11815111
thx

[grim !!tqKNtpU7P6O No.11815175]

>>11815136
>i'm not a believer in diversification
I hope God is on your side. I look forward to your success, but this is akin to gambling. I hope you post updates on here. What you're attempting to do is very difficult.

[LCIguy !7SgaW5KMQI No.11815193]

>>11815175
what are you in right now grim?

[grim !!tqKNtpU7P6O No.11815207]

>>11815193
The dumpster

[Anonymous No.11815225]

>>11815175
Just look at the last 2 bubble tops, what were the indicators, record low unemployment, plentiful jobs, rising wages, years of rising stock market indexes, rising house prices, etc, by every metric we can't get much better than we are now, and if we go up more, well sure i lose a good portion of my money, but only if i sell, i'm confident now or sometime in the next 6-9 months is the right time to go all in against the markets.

[LCIguy !7SgaW5KMQI No.11815231]

>>11815207
no seriously.. i never see you actually post any picks.. curious to see if you have a style..

[Anonymous No.11815241]

Anyone else here just in silent amamazement ow no one in the normie crowd can see the massive crash (stock, property, coins, employmemt) that is about to happen? Everyone going about their meanless lives, oblivious.

[grim !!tqKNtpU7P6O No.11815253]

>>11815225
I'm not saying you're wrong, I'm just saying it's very hard to be able to make the proper entry and exit. I hope you make it bud.
>>11815231
I posted my picks a little while ago. I basically just gambled on options a lot. Now I'm going boomer over the time.

[Anonymous No.11815261]

>>11813769
comfy buying was the signal of the peak
should have dumped everything desu

[grim !!tqKNtpU7P6O No.11815268]

>>11815225
>>11815253
I forgot to show NBEV. ZNGA and NBEV are like 20 dollars total.

[Anonymous No.11815289]

>>11811508
mining has gone down, but GPU demand is still very high, and with no competition at all in the high end, they should be doing just fine.

[Anonymous No.11815295]

May I have the g drive link?

[Anonymous No.11815302]

>>11815225

Looks like a double top, maybe a triple top formation coming, in my opinion, the only other technical formation coming that looks similar to me is 2015 when the markets traded sideways for more than a year, bu i think the long sideways movement is not as likely seeing as 2018 was already fairly a sideways year.

[Anonymous No.11815306]

>>11811021
>liberals
>owning guns
>shooting wildlife and not trying to marry it

[LCIguy !7SgaW5KMQI No.11815348]

>>11815253
what gives you a reason to pick something.. do you just pick at random or is there something you look for?

[grim !!tqKNtpU7P6O No.11815413]

>>11815295
https://drive.google.com/drive/folders/1rq9DS_rEFIy8JrEeiDDqRhrviAy0Nnqj
>>11815348
A mix of growth and fundamentals. At the moment, I'm looking for things that will survive the upcoming slowdown. I've been watching SBUX for a dip and considering picking up WMT. I'm trying to be a good boy now, my picks are very boring. I've been looking into different REITS with good divs. Besides SBUX and WMT, I'm looking for a REIT that handles data related activities like servers and what not. Currently looking at DLR, but I've got to do some DD on how the REIT is structured and what not. I haven't had much time lately to spend on doing DD. I think out of my portfolio CY is my favorite. I really like how they are diversifying and as the stock dips I buy more. They have a good chance at getting bought out too. I'm not very bright, please be gentle big five gay.

[Anonymous No.11815415]

>>11815241
Most people know it’s going to happen but choose to ignore it.

[grim !!tqKNtpU7P6O No.11815421]

>>11815348
Oh, I also made a long list of stocks that were "suppose" to do well during a recession. If I have time I'll do DD on all of them and post something.

[Anonymous No.11815446]

>>11815241

Try to remember when you were young and ignorant, or just plain normie, when i was 18 i knew nothing about economics, finance, stocks etc, how could i have seen anything coming then? That is what it is like for most people, they have no idea how the world of finance works, for all they know, Presidents and Congress run the economy, they have no gauge for understanding what is coming.

[Anonymous No.11815451]

>>11815413
NLY, GECC, NRZ, BX, KBWY are my dividend holds. I get like 7% back last time I averaged them.
>At the moment, I'm looking for things that will survive the upcoming slowdown.
WM and HON are great for this.

[grim !!tqKNtpU7P6O No.11815537]

>>11815451
I really like NRZ picking up excess MSRs. I read somewhere most of their MSRs are guaranteed for some amount of years, so with rising rates they should be able to rake in a decent amount compared to other REITS. I've written down the other ones you mentioned. I'll look into them once I get some time.

[Anonymous No.11815556]

>>11815451
Do slow moving divvy payers outperform a buy and hold of index funds instead? of course DRIPping everything

[grim !!tqKNtpU7P6O No.11815565]

>>11815451
Also if you're interested in DIV champs there's this very nice excel sheet that has everything.
https://onedrive.live.com/view.aspx?resid=C02984E45DA90A97!26514&ithint=file%2cxlsx&app=Excel&authkey=!ACxlXBFiOH7M-34

[Anonymous No.11815597]

>>11815253

[Anonymous No.11815744]

>>11815537
some of their allocation is just plain cash......LOL

[Anonymous No.11815764]

>>11815556
depends on the portfolio and index fund of course, kind of a loaded question. You really can't lose going 100% SPY or VTI or VOO or something though.

>>11815565
Great link, fuckin saved.

>>11815537
GECC and KBWY are my big gambles. The others are pretty established.

[BagholderExtraordinaire !!2wgod7RQeJh No.11815836]

Yall niggas should be buying gold.

[grim !!tqKNtpU7P6O No.11815837]

>>11815744
I think that's a plus in this environment. I can't remember if it was NRZ or another REIT, but apparently they're quite fond of buyouts. It's a young REIT so it's got a long way to go.
>>11815764
I'm really liking this 21% in telecoms and 7.7% in tech

[Anonymous No.11815842]

>>11815764
I am currently buying twice monthly trying to balance about 25% each between QQQ, SPY, QLD, SSO

1.5x leveraged both Nasdaq and SP500 which seems based buy and hold ratio

[Dobber !!qEeBALi+hGB No.11815861]

>buy gold
>cash allocations
you know you niggas can literally just buy a put right?

[Anonymous No.11816091]

just held amd and inter

[Anonymous No.11816312]

>>11815842
Nothing wrong with what you are doing.

[Anonymous No.11816323]

>>11815837
Yeah, they pay monthly and recently lost a major investor so the price dumped 20%. I've been buying like crazy.

[grim !!tqKNtpU7P6O No.11816370]

>>11816323
Why did they lose the investor?

[Anonymous No.11816473]

>>11816370
Missed earnings maybe, but I'm not worried about it considering past performance. Their ratios still look fine and they still pay over 10%. You can see someone pulling out before it was announced in the volume.

Interested in what you think. I have a fairly strong risk tolerance for the amount I allocate to stuff like these guys or KBWY.

[Anonymous No.11816494]

i made it

[Anonymous No.11816495]

>>11816473
Oh yeah, and maybe that dump was coincidence or maybe that looks like some insider shit. I should have been checking the short % and maybe could have made a decent chunk with whoever it was.

[grim !!tqKNtpU7P6O No.11816511]

>>11816473
After playing options like a mentally handicapped person, I'm not sure my risk tolerance is so high anymore. I'll look into it more though.

[Anonymous No.11816521]

>>11813230
How was Italy?

[Anonymous No.11816567]

>>11815413
VET, STAG, NOBL, and GOOD are my dividend earners.

>tfw i picked them based off their names

[Anonymous No.11816598]

>>11816567
I have been thinking of moving out of NOBL because of the high as fuck expense ratio for only 53 stock ETF.

[Anonymous No.11816617]

which thread is the real one?

[2 scoops !!DU22SQMj6dQ No.11816635]

Holy shit.

I missed a lot today.

[Anonymous No.11816667]

Tomorrow the Golden Bull resumes its run. Hope you bought the dip.

[grim !!tqKNtpU7P6O No.11816707]

>>11816617
I didn't even realize there was another thread, it's missing the /smg/ in the title.
>>11816635
stuff happened!!!!

[2 scoops !!DU22SQMj6dQ No.11816711]

>>11816667
>Justify capitalism in 3 words or less
I like money

[Anonymous No.11816729]

so this is the thread everyone moved to

[2 scoops !!DU22SQMj6dQ No.11816789]

>>11816707
>I didn't even realize there was another thread, it's missing the /smg/ in the title.
Oh wow. There is another thread. Yeah, I always just type "smg" to find these threads.

>stuff happened!!!!
Fuck yeah, it did!
>FB fucked
>NVDA fucked
>QQQ hits new low
>BTC at fucking $4800. If I was still holding from when I bought, I'd probably be getting close to negative.

[2 scoops !!DU22SQMj6dQ No.11816798]

>>11816729
>that pic
Wtf.

[grim !!tqKNtpU7P6O No.11816805]

>>11816789
Yeah, I do the same. I forgot to mention I'm 100% no china now.

[Anonymous No.11816816]

>>11816789
yea i fucked up last thread, and v2.0 edition died within an hour

i figured since people let it slide with another op last week we could again
>>11809470
>>11809470


>>11816798
ticks are no laughing matter

[Dobber !!qEeBALi+hGB No.11816844]

>>11816667
I don't think so anon. Prep the bears. I plan on retiring in 4 months from these puts.

[2 scoops !!DU22SQMj6dQ No.11816910]

>>11816816
I'm not going to that thread.
It doesn't have /smg/ in the title; it's not a real thread.

>>11816805
>I forgot to mention I'm 100% no china now.
Good for you. Their whole economy is a facade.
I need to get out of FNGU... I heard there's a lot of Chinese crap in it.

>>11816844
Don't get greedy; don't chase too long.
It's not a recession yet. The yield curve didn't invert yet.
There's a bunch of dipshits on blind panicking about a recession... It's obviously not a recession.

[grim !!tqKNtpU7P6O No.11816932]

>>11816910
I want to buy back into BABA if it goes below 130.

[Anonymous No.11816934]

>>11816910
>The yield curve didn't invert yet.

How do we make this happen? Is there something we can do en masse?

[Anonymous No.11816944]

>>11816667
Hear that fierce gallop outside
Tomorrow begins the charge

[Anonymous No.11816945]

>>11815836
>>11816091
>>11816494
What date ranges?

[grim !!tqKNtpU7P6O No.11816950]

>>11816934
If comfy kisses b5guy it will invert

[Anonymous No.11816973]

>UVXY
>TVIX
>VXX

[Dobber !!qEeBALi+hGB No.11817001]

>>11816910
>don't get greedy
Too late. I have options expiring on the 21st, 23rd and 30th. Let me show you what real gambling looks like.

[2 scoops !!DU22SQMj6dQ No.11817083]

>BTC still falling
>BTC is at about $4500
>down about 2% over the past hour

will /biz/ finally shut the fuck up about their meme coins and join the stock market?

Also, I'd fucking love to see BTC drop below 4k.
That'd be mind blowing.

[Dobber !!qEeBALi+hGB No.11817098]

>>11817083
I just placed a 7.5x leveraged long on bitmex. Am I /faggylicous/ yet?

[Anonymous No.11817107]

>>11817083
>will /biz/ finally shut the fuck up about their meme coins and join the stock market?

No, they'll find some other shaky investment to meme.

[Dobber !!qEeBALi+hGB No.11817158]

>>11817098
This was a mistake I instantly regret. Already at -10% in a matter of seconds.

[2 scoops !!DU22SQMj6dQ No.11817201]

>>11816932
>BABA
>the chinese knock-off of Amazon
I can only support such a decision because I've heard that's a good place to go for dropshipping.
I'd recommend waiting a week before buying after what you believe is a bottom -- the market falls faster than it rises; there's no reason to "catch the knife" because the bounce back up will not be as fast as the fall

>>11816934
It requires that short term bond are bought much more than long term bonds, or vice-versa... I'm not going to think it out right now.
But, there's no way that something like that could be pulled off via some kind of le epic 4chan prank, as much as I'd like to see that happen.

>>11816973
Unless black friday is a bust, I can't imagine volatility going that much higher.

>>11817098
>trying to catch the knife on shitcoins
>>11817001
Yeah, you really are gambling.
How long have you been at this, anon? a few months? a year?

[grim !!tqKNtpU7P6O No.11817217]

>>11817201
I was already in super deep into BABA. Exited picked up ATVI and MCD. ATVI btfo'd me and I've moved the rest into NRZ and DIS. Just sitting and collecting cash for now.

[Dobber !!qEeBALi+hGB No.11817222]

>>11817201
If you can believe it, 2 years. And still net positive.

[Anonymous No.11817227]

>>11816910
>>I'm not going to that thread.
never said to, but its useful to link for archives

honestly supprised it even got to 100 replys

>>11817083
>>will /biz/ finally shut the fuck up about their meme coins and join the stock market?
it didnt last time it dropped, if anything it became worse

there used to be real threads on this board about all sorts of jobs, all sorts of finance

bitcoin droping below $1000 was what caused crypto to expand out of a couple general threads in the first place

[Dobber !!qEeBALi+hGB No.11817244]

>>11817222
>2's gets

[reluctant kneepad girl No.11817250]

>>11817158
Kek

[Anonymous No.11817255]

>>11817083
>>11817227
I want to experience a /biz/ that's about jobs, entrepreneurship, and stocks, and economics.

Why exactly don't they split it into a two, a crypto and regular business board?

[LCIguy !7SgaW5KMQI No.11817286]

>>11817083
I can't wait to load up on BTC desu

[Anonymous No.11817300]

>>11817255
>jobs, entrepreneurship, and stocks, and economics.
because crypto can be related to any of those with relatively simple mental gymnastics, and jannys/mods never cared enough to enforce a split between the two

giving spambots one board to spam instead of two is probably a part of it too

>>11817286
it unironically is the perfect time to
assuming it eventually goes up again..

[2 scoops !!DU22SQMj6dQ No.11817316]

>>11817107
>they'll find some other shaky investment to meme
I'm somewhat okay with that. Just fairly sick of the shitcoins with these fucking awful white papers.

I think it's kind of a result of my profession. It really sucks watching your manager trying to force a meme into your architecture. Blockchain is particularly obnoxious for software engineers that work for banks because blockchain was supposed to be the thing that "disrupted" the big, evil banks.
Imagine having a middle aged man that's been at your company for over a decade, responsible for telling you what to do, and this fucker's legitimately stressed out about these fucking memes.
You pull up a "whitepaper" for the latest shitcoin, and it's a fucking sci-fi cum-stain in the form of a PDF document. There's more content in that bitch about the team than their tech strategy.

If /biz/ was trading beanie babies like in the early 2000s, it wouldn't annoy me as much because that shit wouldn't leak into my daily job.

[Anonymous No.11817324]

>>11815836
Dumbass, platinum is undervalued right now.

[Dobber !!qEeBALi+hGB No.11817330]

>>11817300
ahhhh govt contracting. I oughta really get into that.

[Anonymous No.11817378]

>>11817300
See, that's the kind of posting I want to see on this board. People jewing the system, actual lifehacks (not the reddit kind), good job and life advice. And /smg/, of course.

[Dobber !!qEeBALi+hGB No.11817393]

>>11817378
the issue with that is people are absolutely retarded with money. see:
>>11817158

[Anonymous No.11817406]

>>11817330
if you fuck up it could ruin your life forever

>>11817378
be the change you wish to see

[2 scoops !!DU22SQMj6dQ No.11817434]

>>11817158
The timing is always a bitch.
I can't tell if it's worse with the general market or the shitcoin market. I don't know which one is less predictable and will fuck you over more.
A co-worker and I could tell BTC was in a bubble back in November last year. I don't think I've ever been able to call the general market corrections though.

>>11817217
Yeah, this story is too relatable. If you'd just look at ATVI's 5 year history and EPS growth, you'd obviously make a ton if you could just sit on it, but other opportunities just come up, right?
This is why I'm switching to straight indices at year end.
I think I'll have 30k in Robinhood, and about 30k in a ~2% savings account (or maybe CofDs)

>>11817222
>checked
2 years? Yeah, that's hard to believe with how you're gambling and still net positive.
How much are you gambling with? Have you posted under any other tripcodes?

>>11817227
>but its useful to link for archives
That's true.
Some of my posts are just for archive purposes. I've been able to pull up a couple links very quickly through that.

[grim !!tqKNtpU7P6O No.11817495]

>>11817434
My problem was a lack of cash available. If I had more cash I'd just be throwing it at BABA and ATVI. I'd rather have my money in MCD and DIS for the next couple years. I'm already up 10% on MCD now :). The long road of repairing everything has started.

[Dobber !!qEeBALi+hGB No.11817510]

>>11817434
nah, i just started posting to /smg/ 3-4 days ago. I announced my strategy was going to short companies with women CEOs, starting with amd. I don't have a high stack, I still wagecuck, but it's a nice supplement.

[Anonymous No.11817533]

>>11817393
>>11817406
You got to make fuckups to learn. I'm just getting the hang of the stock market and I'm down quite a bit on the, admittedly, paltry sum I've invested so far.

In any case I have no background in financial wizardry. Unless one could reason that teaching people how to eat well and cook on a budget counts.

[Anonymous No.11817546]

>>11817510
I thought it was hilarious that the female CEO ETF seemingly lacked options contracts despite being a decent price per share. RH doesn't let me properly short.

[Dobber !!qEeBALi+hGB No.11817551]

>>11817533
>You got to make fuckups to learn.
Fuck you faggot I'm profitable DAY ONE I ain't let the man push me down kek. (please help me bitcoin is eating me alive).

[Dobber !!qEeBALi+hGB No.11817566]

>>11817546
>I thought it was hilarious that the female CEO ETF seemingly lacked options
I thought this was funny too. It's like they're trying to turn the market into a SJW too.

[2 scoops !!DU22SQMj6dQ No.11817577]

>>11817255
>I want to experience a /biz/ that's about jobs, entrepreneurship, and stocks, and economics.
I really like that there's now an entrepreneurship general thread. I haven't really gone in there, but I like that it exists.
>Why exactly don't they split it into a two, a crypto and regular business board?
I heard that /biz/ was originally created as a containment board for all the crypto threads that were popping up on /g/.

>>11817286
>>11817300
I did want to load up on BTC when it's finally out of the big media's eye on its roughly 5-7 year cycle.
Not sure that the hype has completely faded yet, but the management at my previous company had finally stopped trying to push the blockchain into every single fucking aspect of our architecture... thank god.

>>11817300
Nice pic.
I used to work for a government contractor. It's some interesting shit.
I've heard of a small business that would just get paid 50k every year to paint some kind of loading dock -- took them about one afternoon and should've cost no more than 10k. But, it's the government. If they made government jobs to do it instead, it would've been much, much more.

>>11817324
>precious metals
I have no idea how people get into that shit.

[Anonymous No.11817598]

>>11817551

You'll live my guy. Wake up tomorrow and thank God you're not that Lucas guy that's only famous on /pol/-twitter for being a hebephile with puffy nipples and a trashed room.

>>11817566
Fucking lol. Is it because they haven't done the paperwork yet or something?

>>11817577
Why that's a god-damn shame. This board has so much potential and there's no other chans with anything like it. We need to get this to Hiroshima Nagasaki somehow. Or Notch if he buys the chan domain.

[Dobber !!qEeBALi+hGB No.11817625]

>>11817577
They should honestly just make a crypto general thread (/cmg/ ?) on /biz/ and force jannies to direct traffic there. Maybe /biz/ will still be a shithole after that, but at least it'd be an interesting shithole.

>>11817598
I have no idea. My guess is the SEC wants to "protect" investors from women CEOs KEK

[Anonymous No.11817643]

Good news: I managed to buy PCG at 17.81.
Bad news: I was only able to buy $2000 worth because I didn't have cash in my etrade account, and the rest won't finish transferring until tomorrow morning.

I'm still going to buy more because it's a steal at this price but I'm annoyed I wasn't able to buy more last Friday.

[reluctant kneepad girl No.11817644]

>>11817510
Kek no wonder you lose money
You know women CEOs out preform male CEOs by about 6%..
Of course you dont kek

[Anonymous No.11817648]

QLD and SSO are the patrician choice are they not

3x leverage is a meme, 1x is way too slow of gains, but 2x is ideal risk/return for holding

come with me to the true gains side where retirement barely takes a decade

[Anonymous No.11817678]

>you are currently regretting not getting those $NVDA puts

[Anonymous No.11817688]

>>11817625
Fucking lol. Either they think the stock's too risky or they know everyone would do nothing but short it.

[Anonymous No.11817702]

>>11817495
I've got maybe 4k in ATVI but the cost basis is 66.28

Didn't think it would tank as bad as it did. But for now I'm waiting on the market as a whole. I've bought too many dips on too many stocks. If OGEN or GALT decide to moon than ATVI is my first thought as to where to put it.

[Anonymous No.11817713]

>>11817688
>>11817533
>>11817255
is He trying to tell me something? Hopefully it's that my 11/23, 18.5 strike puts on AMD were a good choice. Or that it'll all be green tomorrow.

Seriously guys, what kind of shit are we looking at?

[reluctant kneepad girl No.11817718]

>>11817644
Actually it more like 9% atm

[Anonymous No.11817737]

Buy puts on SNAP and never stop. I want this meme stock FUCKING DEAD.

[Dobber !!qEeBALi+hGB No.11817761]

>>11817644
>>11817718
Oh ._.

>>11817713
It means AMD is a double digit stock end of day tomorrow. Buy puts.

>>11817737
Solid DD, thanks. This is easy pickings to add to my collection. Boy I just love paying income taxes!

[2 scoops !!DU22SQMj6dQ No.11817772]

>>11817378
>actual lifehacks (not the reddit kind)
Fucking this.
Like proper dropshipping threads and shit like that.
>good job and life advice.
Some people on here are execs and shit like that. I think I had a decent thread a day or two back about figuring out how the fuck to navigate office politics.
The phone app called Blind is my favorite place to get career advice, but I should try to dig into /biz/ some more.
I might post about office politics more. That shit's the bane of my existence.

>>11817406
Nice fucking pic! I just got an amex platinum card. It's my 9th credit card. They're all paid off of course, and only 1 or 2 have an annual fee.
Cap1's cards aren't that bad. QuickSilver and Cap1 platinum are fair. Not quite special offers, but quicksilver is cash back with possibly no annual fee.
I know a lot of other tricks to boosting credit score.
Authorized users are fucking odd. People rarely make use of that, and I'd feel odd asking my parents to add me as an authorized user.
You'll typically actually see your credit score get bumped down whenever you pay off a loan because it reduces your credit mix (upon pay-off, it's like that loan never existed) -- so, I think it actually appears best to leave your loans 95% paid off and just leave them there.

[Anonymous No.11817784]

>>11817761
Hopefully you meant single-digit

>>11817772
Blind? I think I'll download it now.

[Dobber !!qEeBALi+hGB No.11817797]

>>11817784
>Hopefully you meant single-digit
haha yea that's exactly what i meant.

[Anonymous No.11817823]

>>11817533
>>You got to make fuckups to learn.
while i agree with the sentiment, the government does not

you get one chance, or are blacklisted for life


dont waste taxpayer money

>>11817577
there used to be a guy who spammed those kids of contracting threads (either contracting or selfemployed, i forget which ) who on a few separate occasions posted pics of himself, his wife, and his kids/grandkids

he did government contracting work for cleaning some government office buildings, apparently the hardest part of it isnt the work itself, but getting that contract in the first place

he was assigned to clean entire building every day, 8+hour job

but by skipping cleaning stuff that didnt need to be cleaned daily (no one has been in this room in over 2 weeks? then no need to clean it) he ended up only working 2 hours a night, getting paid for 8, and shitposting all night

I think he got doxed a few times (he was 60+), i wonder whatever happened to him


>>I did want to load up on BTC when it's finally out of the big media's eye on its roughly 5-7 year cycle.
january will probably be prime time to buy BTC

or january in a year or two

unless something new dethrones BTC's hegemony, which is finally becoming a real possibility

>>11817598
>Or Notch if he buys the chan domain.
fuck notch
t. (un)paid worker who did pre-beta textures on minecraft

he fucked over so much free laborers on /b/ back in the day

>>11817625
>>They should honestly just make a crypto general thread (/cmg/?) on /biz/ and force jannies to direct traffic there.
thats how it started, one general for trading coins, one general for mining coins, one general for shilling/making new coins

but the generals hit the bump limit wayyy too fast, and it began to be one general per coin (bitcoin general, eth general, ect)

but then those generals began hitting the bump limit within an hour or two as cryptos saw their prices rise up, and soon the generals stopped existing, and /biz/ became todays mess

[Anonymous No.11817866]

>>11817648
In the future everything will be fast. The markets will go up turbo speed and keep getting faster. your thoughts will go faster, you will walk faster, ect
QLD will be left in the Dust. TQQQ will maximize your investment speed, which is all that matters in the future

[Dobber !!qEeBALi+hGB No.11817872]

>>11817823
>but the generals hit the bump limit wayyy too fast
maybe then, but now?
Let's play a game. We count the threads on /biz/ right now. Any thread with 11 or more replies I pay you $1. Any thread with 10 or less replies you pay me $1. Would you play that game anon?

[2 scoops !!DU22SQMj6dQ No.11817877]

>>11817393
Kek.
I'll tell you what, it's true that there's morons on /biz/, but it's easier to get and figure out what you want than it is through reddit. Reddit is full of just straight NPCs and lemmings that kill any narrative that doesn't align with their consensus.

>>11817495
>My problem was a lack of cash available.
Once you arrive at having more cash invested than you can make in a couple of months, it changes the game. You can't just throw in more from your savings or increase leverage to catch a deal.
This is why I'm switching to my index strategy. I might throw in more during corrections, but I want my money to generally stay in the market without ever having to unexpectedly pull out.

>>11817510
>I announced my strategy was going to short companies with women CEOs
I wanted to do that with $SHE like described here:
>>11817546
I wanted to short SHE relative to SPY, but there aren't fucking put options on it! kek
>>11817510
>starting with amd
Well that's a mistake. Asian women aren't mindless like other women imo.
>>11817510
>I don't have a high stack, I still wagecuck, but it's a nice supplement.
Having a high stack changes the strategy, unfortunately, as described earlier in this post.

[Anonymous No.11817882]

>>11817823
Fucking lol that makes me like Notch even more.

Well, here's to hoping things work out tomorrow.

[Dobber !!qEeBALi+hGB No.11817917]

>>11817823
fun fact if we played the game now, you would owe me $60

[Anonymous No.11817925]

can you really beat the market just by holding 2-3 stocks? according to this game this should work

[Anonymous No.11817963]

>>11817877
I really can't believe I used to like reddit or take any sort of advice from that god-forsaken website. They really are NPC's. Honest to God. The only good threads are those ones where everyone gets their fuck-ups and regrets off their chests. You can find a lot of good life advice and secondhand experience from those. Hell, considering the absolute state of that place, maybe even those are shit and filled with lefty/megacorporation propaganda now.

[Anonymous No.11817969]

>>11817772
Leaving loans mostly payed off (and never missing payments) is good, but I've found getting line of credit increased is insanely helpfully too

Also don't ever miss a payment of any kind , don't ever be late

And anything above 750 is only good for dick-measuring contests, most lenders don't give a fuck how much above 750 you are, as long as you are above it

Also Authorized users trick only works if you have friend/family that has decent credit history

[Dobber !!qEeBALi+hGB No.11817970]

>>11817925
amazon, google, microsoft. In the 1990s of course.
>>11817877
>check'd
Speaking of reddit, i like to read r/personalfinance every now and then and laugh at people who give absolute shit advice. Poor people telling poor people how to be poor but thinking they're rich. It's actually kinda sad. Like a suffering animal that should be put down.
And as much as I like Su Bae... amd put spreads has been one of my top earners this week lol... forgive me Lisa.

[Anonymous No.11817984]

>>11817925
It depends on the stocks you goof. Less diversity = more risk = more potential gainz.

Lets consider two portfolios. Portfolio 1:
>50% GE
>50% F

Portfolio 2:
>50% AMD
>50% AMZN

One of these two would make you very happy. The other would make you very sad. This should be common sense though famalam.

[Dobber !!qEeBALi+hGB No.11817990]

>>11817984
both of those portfolios have at least 50% sadness baked in kek.

[LCIguy !7SgaW5KMQI No.11817993]

>>11817877
>>11817970
>>11817963
can't believe i'm posting in a thread with people that have actually browsed reddit longer than 5 minutes...

[Anonymous No.11818003]

>>11817990
Depends on the time span. I was assuming 5 years just as an example but forgot to mention it.

[Dobber !!qEeBALi+hGB No.11818007]

>>11817993
as much as I hate ledditors, wsb is a magical place and I do actually lurk there.

[LCIguy !7SgaW5KMQI No.11818019]

>>11818007
Could you post about LCI there? thank you.

[2 scoops !!DU22SQMj6dQ No.11818020]

>>11817533
>In any case I have no background in financial wizardry.
I've taken a class on accounting and another on finance. It doesn't really help. Even when I've tried doing due diligence, it wasn't enough because I got #rekt by LCI.
It does help with understanding a few things like P/E ratio though.

>>11817598
>>11817625
I think people just don't post enough of the other shit that /biz/ needs. Every shitcoin wants its own thread... there's plenty of shitcoin threads with just 1-3 posts in them, and they just slowly slide off the board over the course of a couple hours.
Perhaps there's just not enough other content being generated on other topics, and the shilling just kind of accumulates since it's posted at a higher frequency/rate

>>11817643
>because I didn't have cash in my etrade account
this is why I'm going the chad leveraged ETF HODL route.
>>11817648
>FACTS

>>11817644
that's not what $SHE shows.

[Dobber !!qEeBALi+hGB No.11818044]

>>11818019
>LCI
Don't mention that garbage to me. Your gains are weak and your portfolio decays. Eat my shorts.

[LCIguy !7SgaW5KMQI No.11818052]

>>11818020
>I've taken a class on accounting and another on finance. It doesn't really help. Even when I've tried doing due diligence, it wasn't enough because I got #rekt by LCI.
>It does help with understanding a few things like P/E ratio though.
share structure share structure share structure

>>11818044
I'm still very very green for the year. Thanks tho dick head

[Anonymous No.11818077]

>>11818020
>leverage
Yeah I didn't know how to set that u-
>ETF
Not gonna make it. Be a real man and trade your securities directly. If that means you have to actually take delivery of 1000 bbls of canadian crude oil, so be it.

[Dobber !!qEeBALi+hGB No.11818090]

>>11818077
>1000 bbls of canadian crude oil
>1000 bbls of oil
>1000 oil
>oil
You better not let the US know about that trade anon.

[Anonymous No.11818114]

LCI and NBEV are the two stocks I profited off of this year. My only sells.

I put 90% of my investments in VTSAX and a vanguard healthcare ETF. The remaining 10% I try to beat the market with. Winning this year so far.

Even though LCIguy gets a little too butthurt sometimes that actual stock is a good choice. Though I'm weary of that GuyGentile fellow trying to pump it.

[2 scoops !!DU22SQMj6dQ No.11818135]

>>11817737
Kek. This.
>negative EPS
A true hallmark of decadence. It must be purged from the NYSE.

>>11817784
>I think I'll download it now.
It's a bunch of FAANG employees posting their TC, and then there's just office banter.
It's a great place for career advice among FAANG employees. I shill it to all my buddies at work.

>>11817823
>I think he got doxed a few times (he was 60+), i wonder whatever happened to him
Probably just stopped shitposting. Work or life just catches up sometimes and priorities take over. I think that's what happened to the tripfag who posted as bearfag.
I think it's kind of compounded by the fact that it's hard to beat the market longer term, so it doesn't prove to be worthwhile in the long term. (That's the boat that I'm entering.) This may contribute to the shake-out of shitposters.

>>11817866
There was an article that showed the optimal leverage for long term holding of Nasdaq was 2X. Beyond that, the downturns create drag or can get pretty close to wipe-outs.

>>11817872
>Any thread with 11 or more replies I pay you $1. Any thread with 10 or less replies you pay me $1. Would you play that game anon?
This.
People just shill shit more frequently than non-shitcoin material gets posted. It's just inherent to what shilling is all about; I remember seeing about 5 live threads on /biz/ about some shit called turtle coin.

[Anonymous No.11818164]

[Anonymous No.11818176]

>>11817546
I don't think SHE even has any holdings in AMD. I looked through them a while ago and maybe half ish of the companies had female CEOs, I suppose the others had a lot of female higher ups? It's not too bad though, if I remember correctly it's biggest holdings are KO, PFE and PEP

I don't know, but like you said there are no options, so what's the point.

[LCIguy !7SgaW5KMQI No.11818177]

>>11818114
>Though I'm weary of that GuyGentile fellow trying to pump it.
he has a very large position.. in order to get rid of it he's going to need the price a lot higher for liquidity.. he's going to try and sell some into the short squeeze.. but so will a lot of people.. he'll be limited on how much he can sell at one time for a profit..with the amount he has he can fuck up his own trade if he whacks the bid too hard

[Dobber !!qEeBALi+hGB No.11818200]

>>11818176
>biggest holdings are KO, PFE, and PEP
Fucking redpilled. I'm gonna 100% all in KO on my IRA and sell puts on robinhood.

[Anonymous No.11818219]

Good morning /smg/, euro futures all red.
Let's see how it goes.

>>11817577
>I really like that there's now an entrepreneurship general thread. I haven't really gone in there, but I like that it exists.
It's a comfy general, not much solid advices but it's nice for motivation, a bit like /fit/ or painting theads on /tg/.

I should find a productive use of my commuting time ngl.

[Anonymous No.11818224]

>>11817872
no thanks, there nothing to hold you or I accountable, not to mention no way to make the transaction securely

and the problem isnt a bunch of shallow threads flooding "good" topics off the board

its the lack of activity in "good" threads that allows them to get 404'd

>>11818020
>Perhaps there's just not enough other content being generated on other topics, and the shilling just kind of accumulates since it's posted at a higher frequency/rate
yes this exactly is the problem

people who have real jobs dont usually post at 2am, so that could be part of it too

>>11817882
to be fair i was still in highschool and stupid at the time, but the promise of cash was so fucking scammy and false once the labor actually began getting done

and he was a cocky smug shithead about it the whole way down, Im just glad i realized and stopped before I spent considerable time on it like some people did

fake accounts to pay people, false fraud claims, then watching him get praise for building a huge game all on his own "with no help form anyone" still grinds my gears to this day

also try having a conversation with the dude, if minecraft hadnt of taken off he definitely would be an incel-mass shooter by now, dude is smug-cringe incarnate (or he was 10 years ago anyways..)

>>11817917
fun fack, most of the fire and grass sprites on minecraft were made by me in mspaint

along with a couple simple pathfinding scripts, which id be supprised if they even made it into the final game

>>11818020
>>11818052
math classes (and statistics) trump any "finance" class every single time

[Anonymous No.11818230]

>>11814573
even when you buy really low you still lose money :^) lost 1k on the Netflix of china today after buying the dip.

[LCIguy !7SgaW5KMQI No.11818242]

>>11818200
>I'm gonna 100% all in KO on my IRA and sell puts on robinhood.
that sounds like a terrible idea

[2 scoops !!DU22SQMj6dQ No.11818268]

>>11817925
Somebody posted a chart that showed it was optimized at about 10 to 20 stocks if you're picking randomly, which you might as well be doing.

>>11817963
>I really can't believe I used to like reddit or take any sort of advice from that god-forsaken website. They really are NPC's. Honest to God.
I think we're on the same page here. I don't think I've intentionally visited that site in over a year. Sometimes, a friend will post or send me a link to the site, and I just tell them that I refuse to use that website. I think since the start of 2018, I can count the number of times that a reddit URL has loaded on a device that I own on a single hand, and I've regretted it just about every time.
They don't fucking read.
They can't handle critical thinking.
They don't arrive at their own independent conclusions.

>>11817969
>getting line of credit increased is insanely helpfully too
It is. Your available credit seems to be a factor.
>don't ever miss a payment of any kind , don't ever be late
That's true.
>And anything above 750 is only good for dick-measuring contests
That's interesting. I had no idea.
I think 700 is the typical benchmark for getting approved for shit.
I thought higher could get you a better offer on a mortgage or some shit like that?
>Authorized users trick only works if you have friend/family that has decent credit history
I feel like my dad is over 800. I have no idea. If getting over 750 really is pointless, I guess there's no reason for me to bug him, right? I'm handling my own finances really well anyways.

[Anonymous No.11818292]

>>11818219
/fit/ is the weirdest board on this site. Non-stop homo, thick woman, fat hate, and selfies. Funny tho, and odd.

But the sticky guide is gold. I followed it and lost 50 pounds. And kept it off the last several years. I had people asking me if I was dying.

[Anonymous No.11818324]

>>11818292
>tfw you will never go back to zyzz era fit

[Anonymous No.11818358]

>>11818292
Lost 30kg as well, not much because of the advices but really because the whole board is extremely motivating. Also got me into thick girls do much I'm gonna marry one.

Wew there's snow out there in the plains. Winter is coming at last.

[Dobber !!qEeBALi+hGB No.11818367]

>>11818219
I heard a lotta people listen to podcasts and audiobooks for commutes. Never done that myself though.
>>11818224
fair enough. I'm actually surprised /biz/ doesn't have something like an assets thread. /smg/ and some of /entg/ is probably the closest thing to that right now.
>>11818242
I'm full of terrible ideas. Would you like to talk about how to double** your money in 2 days?

**May also wipe you out completely, past performance is not an indicator of future results.

>>11818268
>and I just tell them that I refuse to use that website
I find that people pretty much only like 1 subreddit, and that's it. It's alright to enjoy it if that's the kinda person you are. Also credit lines are a disease and I jew'd myself at the age of 16 kek. Haven't touched cards since. I'm probably still rockin a high 400s credit score.
>>11818292
I have the entire collection of P90X videos. I only ever do the yoga and plyometrics ones though. How much do you think a /fit/izen would buy them for?

[Anonymous No.11818403]

>>11817772
Haha the absolute state of Shitcoiners. Stay rich fellow SMG

[2 scoops !!DU22SQMj6dQ No.11818436]

>>11817970
>i like to read r/personalfinance every now and then and laugh at people who give absolute shit advice
I used to enjoy wallstreetbets for the same reason. Then, VIXpocalypse happened last February.
There was a guy that was going all in on VIX back when it was popular to short VIX. He was the fucking lolcow of r/wallstreetbets. He was correct, but completely failed to execute his strategy properly.
Even when reddit is right, they're wrong.
Reddit is somewhere beyond white noise. It's like a half-step beyond white noise or merely being uninformed. It's like their mental capacity and critical thinking skills are stuck in high school.
>Poor people telling poor people how to be poor but thinking they're rich.
It's mesmerizing how stupid some of the shit that they say are.

>pic related

[Anonymous No.11818449]

>>11815413
>I'm looking for a REIT that handles data related activities like servers and what not.
IRM.

[Dobber !!qEeBALi+hGB No.11818474]

>>11818436
>He was correct, but completely failed to execute his strategy properly.
HOLY FUCK that nigga dead lmao.

[Anonymous No.11818541]

>>11818367
>I heard a lotta people listen to podcasts and audiobooks for commutes. Never done that myself though.
I commute by train with a full internet access and power, there must be something more hands-on than listening to podcasts.

[(Comfy) !!7iCGIecbnK/ No.11818564]

>mfw only down 15% on UDOW
Heh, thanks for the cheapies

[Dobber !!qEeBALi+hGB No.11818585]

>>11818541
I presume you're not riding during market open. Why not write a podcast instead then? Get those creative juices flowing for Mr. Shekelstein.
>>11818564
yo i heard you literally bought the top last morning lmao are you ok?

[Anonymous No.11818588]

>>11818268
>>I think 700 is the typical benchmark for getting approved for shit.
>I thought higher could get you a better offer on a mortgage or some shit like that?
possibly, and i think you need extremely high score to get the truly spoiled rich tier credit cards, but im unemployed and dont live on my own, so ill admit im ignorant

i have a couple friends who cant get a home loan since they and their live in girlfriends dont have credit higher than 720, so banks wont even look at their applications, they just toss the apps directly into the trash

but most advice ive heard (online and IRL) is that after 750 you are wasting too much effort for too little of a reward, and the savings it will get you are neglegable at best


the only thing i have going for me in life at the moment is I have zero debt of any kind, but im tempted to take out a couple big loans so that i can finally live on my own soon
and the temptation has only been growing stronger ever since my stocks began shitting the bed this fall

>>11818367
>>fair enough. I'm actually surprised /biz/ doesn't have something like an assets thread. /smg/ and some of /entg/ is probably the closest thing to that right now.
I think the hardest part of getting that off the ground is keeping the thread alive durring midnight/early am (EST) hours to be honest

but I hardly browse /biz/ outside of /smg/ anymore because I only expect to find shit, so maybe its my own fault for not seeing more quality threads on this board

I really hope the crypto hype can die down a lot more by newyears, /biz/ was so good when I first started browsing it, those "I'm a CEO ask me anything" threads Mcaffee and Shkreli and the like used to post were 10/10 best threads ever on any 4chan board
didnt realize how valuable those were until those threads began disappearing

[Anonymous No.11818603]

>>11818564
>:)

[(Comfy) !!7iCGIecbnK/ No.11818654]

>>11818585
>>11818603
There are no more barriers to cross. All I have in common with the uncontrollable and the insane, the vicious and the evil, all the mayhem I have caused and my utter indifference toward it I have now surpassed. My pain is constant and sharp, and I do not hope for a better world for anyone. In fact, I want my pain to be inflicted on others. I want no one to escape. But even after admitting this, there is no catharsis; my punishment continues to elude me, and I gain no deeper knowledge of myself. No new knowledge can be extracted from my telling. This confession has meant nothing.

[Anonymous No.11818665]

>tfw know how to use stocks and options properly so I can sit comfy
>spend 15 minutes a week looking at market and making a trade(s)
>up 50% YTD
It's a chill life senpai. I may never get to be the big roller with 10000000% gains overnight, but I just do what I can that's best for me. We are all gonna make it. And crypto bois, hold tight friends, I believe in you guys. Ya'll are my brothers too, and you'll make it too.

[Anonymous No.11818676]

>>11818585
>i presume you're not riding during market open.
Nope, I ride between 7:15 and 8:30 AM, markets open when I'm at work.

>>11818588
>i have a couple friends who cant get a home loan since they and their live in girlfriends dont have credit higher than 720, so banks wont even look at their applications, they just toss the apps directly into the trash
Damn I'm happy I don't live in the US and don't have to deal with credit score.

[2 scoops !!DU22SQMj6dQ No.11818690]

>>11818003
>5 years
>implying anybody here has that kind of self-control

>>11818007
>wsb is a magical place
It's beyond white noise or merely being uninformed imo.
Even if you inverse their positions, I think it can still fuck you over. I think it's just harmful to even look at it anymore.

>>11818019
Kek.
This would actually have the best chance of making LCI moon.

>>11818052
>share structure
I should look into that, but I don't think I'll ever be able to do enough due diligence to get the kind of returns that I want.
I'm pretty dead set on my experiment with SSO, QLD, and SPXL
>>11818077
See above.
If I ever get back into trading securities directly, it'll be with ML and very rigorous backtesting.

>>11818219
>not much solid advices but it's nice for motivation
That's actually a little disappointing.
I founded a start-up in college and even received a venture capital offer.

>>11818224
>yes this exactly is the problem
Guess I should shitpost about office politics even more. That shit really sticks in my craw :^(
>people who have real jobs dont usually post at 2am, so that could be part of it too
No, but they do shitpost on weekends and in the afternoons
>math classes (and statistics) trump any "finance" class every single time
Exactly. Fucking exactly. Based asf, anon.

>the promise of cash was so fucking scammy and false once the labor actually began getting done
I haven't heard much about this.
Did he post about that shit a ton on /b/? Or how did you get hooked into it? This could be a good basis for entrepreneurship shit. The dropshipping threads mainly consist of much more scamming and marketing than how to make a good product.
>along with a couple simple pathfinding scripts
Was some of the coding really handled by other people?

>>11818230
>the Netflix of china
>China
Fucking kek. Have you learned your lesson yet?

>>11818292
>thick woman
Wtf. Gross.
>the sticky guide is gold
Noted.

[Anonymous No.11818708]

>>11817255
>jobs
wagecucking
>entrepreneurship
scams
>stocks
degen OTM option gambling
>economics
/sci/ baits

[Dobber !!qEeBALi+hGB No.11818765]

>>11818654
A true tale of tragedy. We will remember you and your children, and your children's children for all time to come. May thou rest in peace, kindred spirit.

>>11818690
>I founded a start-up in college and even received a venture capital offer.
/entg/ would love you. It's mostly faggy dropshipping or commissions art rn but they could use some real advice. Also I don't think ML works on the markets, at least not yet. 10 random stocks still outperforms most algos.

[(Comfy) !!7iCGIecbnK/ No.11818766]

>>11818292
Fat hate is a good thing and they are the funniest board only after /lit/

[2 scoops !!DU22SQMj6dQ No.11818770]

>>11818367
>Also credit lines are a disease and I jew'd myself at the age of 16 kek.
How'd you do that?
I've got about 9 or 10, but I'm handling them properly.
>Haven't touched cards since.
That seems like a mistake... you could start again with a secured card.

>>11818403
I don't own any shitcoins kek

[Anonymous No.11818823]

>>11818654
be quiet paul allen

>>11818676
>>Damn I'm happy I don't live in the US and don't have to deal with credit score.
to be fair they are quite degenerate, and terrible with money

but they are still further in life than me ;_;

>>11818690
>>>the promise of cash was so fucking scammy and false once the labor actually began getting done
>I haven't heard much about this.
>Did he post about that shit a ton on /b/? Or how did you get hooked into it? This could be a good basis for entrepreneurship shit. The dropshipping threads mainly consist of much more scamming and marketing than how to make a good product.
>>along with a couple simple pathfinding scripts
>Was some of the coding really handled by other people?
many /b/ threads and some ventrillo rooms, and yes, it was entirely done by various crowdsourced anons

>Or how did you get hooked into it?
the promise to make money from working at home, no experience required (also the excitement of working on a real videogame!!!) was a good lesson for how reality works looking back on it

and yes, i dont think notch did much of anything besides core concept, then manage others who made his dream a reality

he couldnt even make the random seed generator on his own, he just wanted "millions of different possible worlds"

he did nothing besides be glorified manager to a bunch of overzealous autists (he had a good original idea, but he was pants on head retarded when it came to actually doing anything on a computer, he couldnt even make a simple flash game)

/b/ wass full of threads both made by him, and full of people raging against him, for a good few months

I'm just glad i didnt try working on it for more than a day, someone in school with me got fired because he was coding for notch while he was supposed to be working (topkek)

you really shouldnt underestimate the power of stupid people in large groups
and blind enthusiasm for an idea, even when there is dozens of red flags popping up

[Anonymous No.11818833]

>>11818690
>That's actually a little disappointing.
When I was in uni I used to be president of the uni rag. It's a good thread but it's more "idea guys" that people who actually made money out of their ideas.

[Dobber !!qEeBALi+hGB No.11818839]

>>11818770
>How'd you do that?
Imagine a 16 year old with no street smarts or financial education, access to a credit line of 5 times what I was making in a year (rich mom) and a needy, equally financially retarded, highschool gf. Needless to say I pretty much pushed back any notion of retirement by a good 5 years minimum in the span of all about the 2 hours it took with the meeting at the bank.

>you could start again with a secured card
eh, I ain't really feelin' it. Maybe next year.

[Anonymous No.11818846]

>>11817644
Fuck off attention whore retard. Your data is comparing starting female companies with larger companies. A starting retail company will have more growth opening a new store then Walmart. Female companies are not reliable over the long term

[Anonymous No.11818873]

>>11818367
>>I have the entire collection of P90X videos. I only ever do the yoga and plyometrics ones though. How much do you think a /fit/izen would buy them for?
you realize you can torrent them for free right?

t. someone with dozens of videos of various workouts on a harddrive thats sitting somewhere in my room

the real challenge is motivation to actually watch the videos and workout every day

[Dobber !!qEeBALi+hGB No.11818879]

>>11818846
Fuck you faggot, let the money talk. I'll make more gains shorting women CEOs than rkg makes longing them and then we'll really talk shit afterwards kek. Unless I get #MeToo'd that is.

[Anonymous No.11818883]

>Nintendo -5.7%
FUCKING WHY

[Anonymous No.11818920]

>>11818839
the longer you wait the worse it gets

[Dobber !!qEeBALi+hGB No.11818925]

>>11818873
I got them when they came out, so torrenting wasn't really feasible unless I wanted to wait a while.
>>11818883
They aren't producing enough bowsette content for the western audiences - investors lost interest as a result. WELCOME TO BEARTOWN.

[2 scoops !!DU22SQMj6dQ No.11818926]

>>11818474
Yeah, it was the board lolcow. He was finally right for once. I think he dropped his long VIX strategy just a few months prior to VIXplosion.
>The market can stay irrational longer than you can stay solvent
when you're fighting the market, it has to be a play for the fucking long haul.

>>11818588
>i think you need extremely high score to get the truly spoiled rich tier credit cards
the amex black card is unlocked by having some completely ridiculous level of spending on an amex platinum card.
I don't know what kind of benefits would be on those better cards though. The amex platinum card has a $500 annual fee, and I've heard the amex black card has a $2.5k annual fee...
I try to minimize traveling, and I can't imagine they'd do all that much cash back on those cards. Citi's double cash card is 2% cash back, which is pretty solid. Any higher and how the fuck is the card still profitable without a high annual fee?

>who cant get a home loan since they and their live in girlfriends dont have credit higher than 720
I was at 750 until I opened up about half a dozen credit cards over the past few months. My intent was to improve the size of my credit line available, and increase the breadth and average length of credit for the long haul.
>but most advice ive heard (online and IRL) is that after 750 you are wasting too much effort for too little of a reward, and the savings it will get you are neglegable at best
Sounds about right.
I've started wondering how to math out what kind of improvements I'd get on the terms of a mortgage by doing the shit that I'm doing. I think I just need to get approved for that shit.
>zero debt of any kind, but im tempted to take out a couple big loans so that i can finally live on my own soon
Start with a credit card and auto loan.
I'm considering just saving up enough to buy a house outright.

[Anonymous No.11819001]

>>11818823
Bought a 3br condo inner city (not far from the rail station to go to work) this year with a 1.16% fixed rate loan. Here, without the fixed rate bullshit it's pretty easy to get a house loan as long as you are a wagie.

[Anonymous No.11819038]

>>11818926
>Start with a credit card and auto loan.
>I'm considering just saving up enough to buy a house outright.
I have two cards, $1100 limit on each, both fully payed off

and my car(truck) is fully payed off, but a piece of shit that will probably need replacing in a year or two

to be honest i could sell all my stocks and use the money to pay rent for a year or so, but with no income right now i dont want to move out, get hit by surprise expense, then be screwed over, have to move back in with parents (again)

the pain from that happening once was bad enough, failing a second time might become suicide-tier painful

i just need to find a job, not living on my own is affecting my grades too much to keep going like this

>>11819001
>as long as you are a wagie
thats the problem

I can get a place for $500 a month easily because midwest (michigan), the problem is finding a job thats not minimum wage, that doesnt interfere with school schedule

[Anonymous No.11819073]

>>11819001
>without the fixed rate bullshit
The credit score bullshit I meant

>>11819038
Isn't 500/month a bit expensive in the US ? It's the rent for a 1br condo inner city here.

[2 scoops !!DU22SQMj6dQ No.11819084]

>>11818708
>>jobs
>wagecucking
Not when you're making 170k/year like me.
Every year that I work means a year or two that I won't have to.
>>entrepreneurship
>scams
That's an unfortunate truth to it, but you like money, don't you?
>>stocks
>degen OTM option gambling
not if you do it right. SSO and QLD, remember?
>>economics
>/sci/ baits
probably also true.

>>11818765
>Also I don't think ML works on the markets, at least not yet. 10 random stocks still outperforms most algos.
Stats trumps finance.
ML is just a swiss army knife of stats.
I can get it to work... the question is whether I can get enough data to significantly outperform the market average.
>It's mostly faggy dropshipping
I'd actually love to see that. Marketing is where I have the most to learn, and dropshipping is pretty much the pinnacle of marketing.
>/entg/ would love you.
I know. I really should drop in on them.

[2 scoops !!DU22SQMj6dQ No.11819137]

>>11818823
>it was entirely done by various crowdsourced anons
It really seemed like it was just done by the one fat fucker named Notch.
>the promise to make money from working at home, no experience required (also the excitement of working on a real videogame!!!) was a good lesson for how reality works looking back on it
A beautiful case study in marketing and entrepreneurship (e.g. scams) for /entg/
>he did nothing besides be glorified manager to a bunch of overzealous autists
How the fuck did he co-ordinate this shit?
Was the codebase all up on GitHub? I don't understand how none of the other autists took the game and sold it independently of him. He actually promised to GPL that shit out and reneged on open-sourcing the game.
>someone in school with me got fired because he was coding for notch while he was supposed to be working (topkek)
Got fired from a minimum wage high school job?

>you really shouldnt underestimate the power of stupid people in large groups
>and blind enthusiasm for an idea, even when there is dozens of red flags popping up
I'm really surprised to hear these things about Notch.
When I founded my start-up, it was very hard to motivate my co-founders to do any fucking work despite offering them an equal part of the equity.
Maybe I should've offered cash instead... I didn't have much cash to offer, but I thought it was kind of implicit that they'd get an equal slice of the profits to me.
Most software engineers are shit at marketing things and selling their ideas to people. I guess it'd make sense that Notch was just an ideas guy that merely motivated people to write his shit for him. But, I still have no idea how he would've maintained control over the codebase.

[Dobber !!qEeBALi+hGB No.11819172]

>>11819137
This was an entertaining read, thanks. As far as
>how he would've maintained control over the codebase
github is one hell of a drug.

[Anonymous No.11819180]

>>11819073
>>Isn't 500/month a bit expensive in the US ? It's the rent for a 1br condo inner city here.
oh i can find places that are only $200 a month, but being white in downtown Saginaw can be deadly

$500 with no roomates is not terrible, (utilities included)
and thats not rent for a condo, its rent for a house

>>11819137
>But, I still have no idea how he would've maintained control over the codebase.
everyone had 1/1000 of the code, notch had access to 1000/1000 of the code

no one had enough info at any one time to dethrone him

also there was no reason to "dethrone" him in the first place when there was an implicit agreement that they would be compensated for their work

also >>11819172
>>11819172

[Anonymous No.11819182]

>>11819137
>>11819084
ML is going to get better though. It still has so much potential growth. You see that right?

[2 scoops !!DU22SQMj6dQ No.11819231]

>>11818833
>It's a good thread but it's more "idea guys" that people who actually made money out of their ideas.
Sounds about right.
I got a VC offer despite never having a single sale.
Having much traction at all early on requires substantially more "scam" (marketing) than innovation from what I've found.

>>11818839
>Needless to say I pretty much pushed back any notion of retirement by a good 5 years minimum in the span of all about the 2 hours it took with the meeting at the bank.
What the fuck did you do? Was it just a credit card?
I'm surprised this actually happened. I only got my first credit card because my parents help me get one in order to start "building credit"
Did your parents not know about you doing this?
The bank sounds super fucking predatory.

>eh, I ain't really feelin' it. Maybe next year.
you just get on a bank's website and open a secured card account, then you get a card in the mail about a week later. It takes like 5 minutes of low effort work. You never have to even walk into a physical bank.
>>11818920
>the longer you wait the worse it gets
it's true. It takes time to build credit.
Cap1 probably has a decent secured card offering. You would just use it like your debit card and always pay it off immediately (or within a month if you can get comfortable with that)

[Dobber !!qEeBALi+hGB No.11819236]

>>11819182
I do ML as a little side hobby. It's pretty much at its current cap without some heavy theoretical work poured into it. Google does a good job but there's just so much fucking goddamn shit in it it's not even funny. However, I'm looking forward for renting self driving $TSLA cars, using chainlink to pay the bill automatically as an oracle service watches me fap in the back of a limo on my way to work.

THE FUTURE IS NOW, OLD MAN.

[Anonymous No.11819246]

>>11819180
>and thats not rent for a condo, its rent for a house
It still seems a bit expensive for a house in a small town, but what do I know.

>>11819084
>ML is just a swiss army knife of stats
ML-oriented chips are one of the most interesting projects I'm working on.

[Dobber !!qEeBALi+hGB No.11819259]

>>11819231
Yes it was a single credit card.
>The bank sounds super fucking predatory.
Pic related KEKKEKEKEKEKEKEKEKEKEKEKEK

[Anonymous No.11819276]

>>11819236
Yeah, but that theoretical work will come and the attention plus increase in brainpower on the problem is huge.

>>11819246
(don't know shit) but do you mean TPU/GPU style stuff or neuromorphic SPINN style shit?

[Dobber !!qEeBALi+hGB No.11819293]

>>11819246
>ML-Orientated chip
WHY THE FUCK DOESN'T MICRON DO THIS?

[Anonymous No.11819308]

>>11819073
500/mo is cheap asf, you won't find prices like that in the parts of the US worth living in

[Anonymous No.11819310]

>>11819276
>neuromorphic SPINN style shit?
This. Neuromorphic Phase-change or OxRAM-based chips specifically.

>>11819293
I already told people here not to put any hope on micron.

[Dobber !!qEeBALi+hGB No.11819322]

>>11819310
>I already told people here not to put any hope on micron
Rip homefield advantage. Idaho truly has no good public companies...

[2 scoops !!DU22SQMj6dQ No.11819358]

>>11819038
>just need to find a job, not living on my own is affecting my grades too much to keep going like this
The job would have a bigger impact on your grades than living on your own from my experience.
Why does living with your parents hurt your grades?
I never wanted to have a job while doing classwork because getting a degree was kind of a huge pre-requisite for getting an actual job in my book. However, the non-classwork that I did ended up being a bigger resume piece and better preparing me for me job...
How old are you? What are you going to school for? Would the wagecuck job be career relevant? (if not, the wagecuck job will genuinely contribute nothing to your resume...)
My wagecuckery consisted of a couple internships that were career-relevant and being a TA, which was career relevant.

Your degree is supposed to be thought of as an investment in your future, as long as it isn't shit like social justice.

[Dobber !!qEeBALi+hGB No.11819371]

It's like people just HATE money. SEETHING.

[Anonymous No.11819433]

>>11819310
Cool. I've only been investigating spiking and frequency in complexity management. I can't get the best intuitive understanding of it yet although I'm sure it's helpful to understanding AI.

[Anonymous No.11819442]

>>11819358
Doubling down on what scoops says. When you are in uni what matters is you degree, you better save money living with your parents and do interships in your school breaks.
When I was in uni I had 40 hours of class a week plus homework, couldn't have done that with a part-time job.

[2 scoops !!DU22SQMj6dQ No.11819473]

>>11819172
>github is one hell of a drug.
I've been using Git for about 5 years now :^)
>This was an entertaining read
Ask away if you have any questions.
It's just one entrepreneur trying to figure out the machinations of another entrepreneur's business model ("scam").

>>11819180
>everyone had 1/1000 of the code, notch had access to 1000/1000 of the code
>no one had enough info at any one time to dethrone him
I'm surprised that he was able to scale up this operation and motivate everybody enough while giving them so little of the big picture.
For every developer to be contributing to only a portion of the code, while only having such a small chunk of the code, it'd mean either a very intricate build system with jar files or extensive unit tests set up (and unit testing is hard as fuck to do for videogames)... either way, handling and distributing the work like you described meant that notch must've done a lot of software architecture work.

You said that you wrote the pathfinding system... Did you just receive a bunch of unit tests, or did you receive jar files that allowed you to see how the pathfinding system would work when running the full game?

>there was an implicit agreement that they would be compensated for their work
I guess this was what I was missing as the slave driver. A proper promise that there would be carrots. I couldn't threaten the stick, but I failed to properly motivate with carrots.

[Anonymous No.11819512]

>>11819246
>$500 a month
>>It still seems a bit expensive for a house in a small town, but what do I know.
its a theoretical number I use for budget planning

it will probably be cheaper but im looking for two main things
1.) an area where I wont be mugged or worse once a week
2.) pet friendly (aka pet fee added on to rent)

I can get $150 or $200 a month with a room mate no problem, or alone if I live in the ghetto
most large coastal cities can get into $2000+ a month from what ive read too


>>11819358
>The job would have a bigger impact on your grades than living on your own from my experience.
no way, structure and a set schedule are amazing for getting things done
too much freetime is worse for grades than not enough is
it encourages procrastination too much
>Why does living with your parents hurt your grades?
lack of confidence, social skills/social oppotunities, lack of stakes, source of anxiety and stress, lack of any place of my own to work on things, not be bothered, lack of daily criticism/constant reminder of failures, no place to study while at home
>How old are you?
26
>What are you going to school for?
Mechanical Engineering (Drafting job would be idea, day trading and living off of dividends for a cheap cost of living would be dream "career" though, or lab R&D, but no resume or gpa to do that)
>Would the wagecuck job be career relevant? (if not, the wagecuck job will genuinely contribute nothing to your resume...)
hopefully but havnt found any with low grades so far, so probably not
but I need money, or else cant afford to finish degree

[Anonymous No.11819516]

>>11819442
What do you think is the future of AI? GPU/TPU or Neuromorphic stuff? Different applications?

So far aren't spiking neural networks all slower/worse?

[2 scoops !!DU22SQMj6dQ No.11819574]

>>11819182
>ML is going to get better though. It still has so much potential growth. You see that right?
There's enough ML to do a lot of shit.
ML can definitely handle stock trading if you can properly hook it up to the data and feed it the data in a format that it would be able to view meaningfully.

>It still has so much potential growth. You see that right?
ML definitely can't handle free thinking yet.
It's gone a very great distance within the past decade. I can't fathom where it'll go within the next decade. It will surprise me.

>>11819236
>THE FUTURE IS NOW, OLD MAN.
Kek. It's fairly true.
>I'm looking forward for renting self driving $TSLA cars
They can already handle highway driving.
I think residential driving is still far enough from being solid that it's a little depressing -- maybe 5-10 years out from being as solid as highway driving.
The biggest roadblock is possibly the legal framework -- they can't actually call it "self-driving" because of the liabilities... so they still have to call it "assisted driving"

>Google does a good job
>Google
>good job
Bro, I went to Google for an on-site interview for mere software engineering. The level of their software engineers alone is just a different fucking scale. They were goddam wizards compared to what I saw at Amazon. The interviewers were just a completely different class of people.
You made an understatement.

>>11819246
>ML-oriented chips are one of the most interesting projects I'm working on.
Sounds like a similar problem to GPUs. You still just throw a fuck ton of cores at it, then find an optimal amount of power draw/RAM/in-housed operations, right?

[Anonymous No.11819624]

>>11819574
Just imagine all the manhattan project style efforts going on in AI with insane budgets

I've always hypothesized that Intel or some other chipmaker has their A-game and actual cutting edge stuff going on completely black.

[2 scoops !!DU22SQMj6dQ No.11819630]

>>11819259
>Wells Fargo
Of all the banks... of course it was them kek
Did you just not tell your parents about the credit card?

That's so impeccably predatory. I'm just imagining a 16 year old kid sitting in a bank branch, and some fucker in a suit hands him a credit card, and is like " 'ave at it. "

>>11819293
>WHY
not enough demand.
It makes sense for google because they do ML at a scale that'd make sense to create something that cost optimizes for it.
Otherwise, there isn't enough CPUs/GPUs being used for ML or used frequently enough to warrant doing that.
There's just not enough demand.

>>11819442
Yeah, nothing matters aside from your career when you break into a "career" job rather than just what I would call a "gig"

[Dobber !!qEeBALi+hGB No.11819654]

>>11819630
>Did you just not tell your parents about the credit card?

[Anonymous No.11819677]

>>11813907
Just place reverse iron condor on the VVIX

[Dobber !!qEeBALi+hGB No.11819685]

>>11819677
>reverse iron condor
gee if only there was a nice, catchy name for this. Something that you could just say to someone and they'd instantly know what you're talking about.

[Anonymous No.11819697]

>>11819574
>Sounds like a similar problem to GPUs. You still just throw a fuck ton of cores at it, then find an optimal amount of power draw/RAM/in-housed operations, right?
That's the current strategy of, say, nVidia, but it's soon obsolete. Now companies (including the one I work for) are integrating non-volatile RAM layers in the metal interconnects. That's what's intetedting to work on.

[Anonymous No.11819704]

>it smells like another of those green days
>yes it does smell like it

[Dobber !!qEeBALi+hGB No.11819708]

>>11819697
>non-volatile RAM layers
oooooOOOOOOOoooooo /interestpiqued/
how do i invest in this?

[2 scoops !!DU22SQMj6dQ No.11819711]

>>11819512
>too much freetime is worse for grades than not enough is
>it encourages procrastination too much
Okay. I kind of agree with that. Idle hands are the devil's delight or whatever.
I'd recommend being a TA or something like that, which would actually contribute to your resume and career history.
>social skills/social oppotunities
Yeah, I'm definitely leveraging the network of friends that I made in college to get my foot in the door during my post-college career, unfortunately.
I do not envy the people that lived off campus and commuted in.
>no place to study while at home
I never got shit done while at home in college during the holidays. It did take a toll on productivity, I guess.
>day trading and living off of dividends for a cheap cost of living would be dream "career" though
To get there still requires a minimum of a good 5-10 years of "career" though. Even then, it still remains as very much a "supplementary income"
My game plan is ground-level career for 5-10 years until I break into management, but have you ever heard of that whole "FI/RE" crowd?
I think I'd do something like that after 10-20 years, then go into entrepreneurial endeavors like making websites, apps, and videogames.
I'd be able to fall back on the pile of cash that I've accumulated, but ideally, I'd start my own company or companies.
It's still require a solid 15-20 years of career "wagecuckery" though... And I am making 170k at the age of 23 to illustrate how conservative that I'm being here.

[Dobber !!qEeBALi+hGB No.11819741]

>>11819711
I know of exactly 0 persons who have actually completed FIRE. I heard it messes up your psyche to the point of no return, but the endgame after 10+ years is comfy as fuck. Literally easy mode if you manage to actually get there.

[2 scoops !!DU22SQMj6dQ No.11819784]

>>11819516
>What do you think is the future of AI? GPU/TPU or Neuromorphic stuff? Different applications?
Well, ML is a subcategory of AI, ad ML is really what we're talking about here.
>GPU/TPU or Neuromorphic stuff?
>So far aren't spiking neural networks all slower/worse?
Neural networks are still very popular today, but I think some other models like SVMs may regain some popularity in the future.
I think neural network models will continue to be a substantial approach for all the innovative shit in the industry, but it won't require much innovation on the side of hardware aside from optimizing for how much power is drawn -- TPUs are to machine learning as GPUs were to gaming and graphics.
There won't be any wild "neuromorphic" innovation in terms of hardware, but the software models may continue to see innovation that is inspired by the biology of the human brain.
The most recent example of this is "convolutional neural networks" which I believe where inspired by how the neurons connected to our eyes have repetitive/similar structures to them.

[Anonymous No.11819787]

>>11819708
STM, Samsung, TSMC as far as I know.

[Dobber !!qEeBALi+hGB No.11819812]

>>11819704
POWER HOUR GO AWAY
SPY NO MORE GAINS TODAY
I HAVE PUTS AND SPREADS ON YOU
GONNA COLLECT MY PREMIUM, A FULL 0.22

[Anonymous No.11819825]

Some of you guys are OK ... don't buy in tomorrow.

[Anonymous No.11819834]

>>11819711
what did you study? is it too late for a 24 yr old guy? currently doing warehouse work making $40k a year. where to start

[Dobber !!qEeBALi+hGB No.11819863]

>>11819834
He studied how to make his money work for him instead of the other way around. $40k is pretty good to work with at 24 y/o, I'd go all in vtsax and puts on spy. Generally reduce your living expenses and utilize a 401k if your employer has a good match.

[Anonymous No.11819876]

>>11819711
>>I do not envy the people that lived off campus and commuted in.
yea thats me

i would move into dorms, should have in the past looking back on it
but with only a year or so left in school it seems dumb to move into a dorm now

the gulf between me and people who live on campus only gets more noticeable as the years have gone on

>but have you ever heard of that whole "FI/RE" crowd?
no, ill have to look into it, does it have to do with retireing early like?
>>11819741
?
that does sound ideal

dream late game job would be build something at home then sell online, using stock market for stable low income, and orders for sporadic big paydays

the problem is finding something to make (aquarium, prebuild PC's, custom snowboard attachments, kayak racks, giant wooden dragon dildos?), that is interesting enough to be enjoyable, and find a way to distribute/advertise it

being able to set my own hours, and work from home, are ideal job catagories
but it seems like a dead end if you dont have the expierence and knowledge from wagecucking for a while to draw upon

[2 scoops !!DU22SQMj6dQ No.11819910]

>>11819624
>Just imagine all the manhattan project style efforts going on in AI with insane budgets
I wish.
Google might be doing something like that with those Waymo self-driving cars.
>I've always hypothesized that Intel or some other chipmaker
I don't think the chipmakers can really do jackshit. All the ML innovation is coming from Google, and occasionally some other software companies.
The software companies need ML for their business model -- FB uses facial recognition for identifying people in pictures, ML is used by both FB and GOOG for optimizing how their ads target people.
How does NVDA and intel use ML? They don't. Their chips are used by software companies for ML though. Their skin in the game consists solely of remaining in existence as suppliers to the real innovators.
>Just imagine all the manhattan project style efforts going on
I kind of wish that we had another war just to make these kinds of projects actually happen though.
Then, DARPA could seize Google and Facebook, and command the machine learning scientists to write ML for their killer drones created by Boston Dynamics... instead of putting up with fucking Google cucks having a hissy fit about their company trying to bid on a government contract for the military.

>>11819654
Kek. I see.
Then what? Did you ever declare bankruptcy? Or did your cards just fall into default?
Did you just start ignoring the bills?

[2 scoops !!DU22SQMj6dQ No.11819958]

>>11819697
>Now companies (including the one I work for) are integrating non-volatile RAM layers in the metal interconnects.
Alright, but yeah, moving more memory into the TPU thing, instead of forcing it to expensively communicate with memory across a bus on the motherboard...
Of course, the programmer will also have to know how to write code to make use of this...
And we're not super keen on learning frameworks that lead to vendor lock-in.

I have no idea how CUDA became an exception to this rule.

[Anonymous No.11819959]

>>11819516
I simply make chips, I'm not the one doing code, but I think the future is moving away from using GPU and using dedicated chips.

[Anonymous No.11820011]

>>11815836
We thought you chocked on some free ham, jew. What gives?

[Dobber !!qEeBALi+hGB No.11820050]

>>11819910
i can't declare bankruptcy without my ira getting JUSTd so i just cut a deal with wells fargo. I only have a few more months of payments left.

[2 scoops !!DU22SQMj6dQ No.11820085]

>>11819741
>I know of exactly 0 persons who have actually completed FIRE
they're all at least 30 years old... most are probably 40. Many aren't married and plan to die alone.
Apparently, none that I've met online can find a chick that can contribute to their net financial situation. It's almost like they've all found it impossible to find a girl that is capable of saving money :/

>>11819825
>random squiggly lines
I love those threads people make with this stuff for shitcoins. You can literally draw anything and give the morons on this board that you know your shit. You could literally even throw a loop in that bitch, and people would think the stock price would do just that.

>>11819834
>what did you study?
computer science

>>11819863
>utilize a 401k if your employer has a good match
Yeah, max that shit out.

>>11819876
>would move into dorms, should have in the past looking back on it
Yup, easier to meet people when you just stay on campus all fucking day and night.
>seems dumb to move into a dorm now
just get an apartment on campus and only go back to it when you need to sleep.
that's what dorms meant to me.

>>but have you ever heard of that whole "FI/RE" crowd?
>no, ill have to look into it, does it have to do with retireing early like?
It stands for Financial Independence / Retire Early
it's people who don't want to rely on a paycheck from somebody else for the rest of their life.

>>11820050
>i can't declare bankruptcy without my ira getting JUSTd so i just cut a deal with wells fargo. I only have a few more months of payments left.
Man, that sucks. I heard ever going bankrupt will just permanently fuck your credit score though. Good for you getting out of that shit though. Good luck.

[Dobber !!qEeBALi+hGB No.11820194]

>>11820085
>It's almost like they've all found it impossible to find a girl that is capable of saving money :/
good pussy is unfortunately a liability...

[Anonymous No.11820273]

>>11819958
>Alright, but yeah, moving more memory into the TPU thing, instead of forcing it to expensively communicate with memory across a bus on the motherboard...
Also reduce the delay. The whole industry is moving to more 3D integration anyway.

[Anonymous No.11820362]

>>11820085
Technical analysis use visualizations to predicts human behavior, which tend to be ... predictable.

How can someone who supposedly studies computer science not understand this? Have you heard of Fibonacci? We'll start slow.

[Anonymous No.11820406]

>>11819624
>I've always hypothesized that Intel or some other chipmaker has their A-game and actual cutting edge stuff going on completely black.
technology has been like that since before recorded history

new tech is made for military force
military force has monopoly for a decade (or century)
eventually this new tech becomes familiar with enough "average" people that it is let out for general public uses
by this point military force already has an edge on the new tech that will make everything before it obsolete

if you want to be on the cutting edge of technology, you basically have to be working in/for the military
if not, and you create new field on your own, then military will use it's legitimacy of force to "acquire" your new tech, and pay you out the ass until they understand it as much as you do

>>11819910
i think boston dynamics recently got sold off, and maybe shut down (a few of google's side business have been shut down recently, including all research of bipedal rescue robots)

>>11819958
>>I have no idea how CUDA became an exception to this rule.
could it be because of how workstations are different from gaming PC's?
comparing workstation to gaming PC is like comparing a semitruck to a sports car

sure one is faster, but a sportscar cant carry a large heavy load like a truck can

also workstations are CPU intesnive tasks, while Gaming and such PC's are GPU intensive

i cant find the image I have saved the illustrates the difference better, its late and I need to get to sleep so I can wake up in 1.5 hours

[2 scoops !!DU22SQMj6dQ No.11820505]

>>11820194
It literally always seemed like it's not just that women are worse at saving than guys are... but that they actually are a complete drag on a guy's ability to save money.
The more that I feel that I have learned about the mentality of women, the more jaded I become and the more justified I feel in my sociopathic approach to the world around me.
I feel that I typically trust the people whose names I do not know more than those whose names I do know.

[Dobber !!qEeBALi+hGB No.11820570]

>>11820505
>I feel that I typically trust the people whose names I do not know more than those whose names I do know.

haha... funny how the world is sometimes, isn't it?

[Anonymous No.11820604]

>>11820505
>It literally always seemed like it's not just that women are worse at saving than guys are... but that they actually are a complete drag on a guy's ability to save money.
It really depends. At least my gf tries to refrain me from gambling on stocks.

[Anonymous No.11820624]

>>11820570

[2 scoops !!DU22SQMj6dQ No.11820698]

>>11820362
>>11819825
Wait a minute.
You're predicting SPY to hit fucking 200? Before the start of 2019?
Fucking kek. You're trolling.

>>11820406
>i think boston dynamics recently got sold off
it did
>and maybe shut down
they had a new video recently IIRC

>its late and I need to get to sleep so I can wake up in 1.5 hours
Good night, anon. I look forward to shitposting with you again some other time :^)

>>11820570
Yeah. I have a few close friends from college, but after spending 1.5 years at my previous company, I still don't know if I can trust a single person that I met.
The only friends that I do kind of trust from college are the ones that are definitively self-confessed virgins because I'm very confident that they don't have it in them to fuck me over.
Everybody else is way to opaque for me. All I want is transparency and to be able to just see straight through a person in their entirety, almost read their fucking mind.
I don't think I'll ever be able to have that kind of closeness with a chick; I don't think I can trust any of them.
There was a chick that I trusted once in late high school, but she dumped me and I don't think I'll ever be able to trust a girl as much as I trusted her.

>>11820604
>At least my gf tries to refrain me from gambling on stocks.
Girls aren't risk takers.
They'll take whatever they can get away with though.
Now, if only they were as good at saving as they are at avoiding risk.

[Anonymous No.11820720]

>>11820698
The SPY? What are you retarded or just not good at reading charts?

[Dobber !!qEeBALi+hGB No.11820742]

>>11820698
>>11820720
>spy at $200 before 2019
My puts would thoroughly enjoy this. Infact, if it actually happened, I might have to see my physician to handle non-stop erections lasting longer than 4 hours.

[Anonymous No.11820823]

>>11820698
goodnight fren!

[Anonymous No.11820828]

Asia and Europe crashing, but that's not important. The US bulls fight their last battle today. You either defend 2700 or we go bust.

[Anonymous No.11820830]

>>11820698
>Girls aren't risk takers.
True. In every company I've worked in the best quality managers were women.

[Anonymous No.11821115]

>>11820406
>if you want to be on the cutting edge of technology, you basically have to be working in/for the military
Everyone in tech, either in the US or Europe, has some links with the military or intelligence services.

[Anonymous No.11821224]

hello /smg/ I noticed in past weeks in my small euro country how the big boys suddenly started heavy shilling campaign of shitty mutual funds to normies through media.

pic title translation:
>Slovakians have €17billions of cash just idly laying around. How to appreciate them? This is how it can be done!
subtitle transl.:
>*Investing can be done without fear*

pls share your own observations in this dedicated thread:
>>11821053

[Anonymous No.11821513]

>>11821224
Smells like they are trying to fleece smoll specs' money to get liquidity.
I guess Slovakia feels that they gonna get the Italian treatment real soon...

[Anonymous No.11821589]

>>11813769
Thus always to faggots

[Anonymous No.11821848]

>>11821115
It's like this in every nation on Earth

[Anonymous No.11821850]

Great, just got my Robinhood account approved and futures are down almost 200.

[Anonymous No.11821871]

>>11821850

[Anonymous No.11821936]

>>11821850
I see a RED door and I want it painted GREEN
No colors anymore I want them to turn GREEN
I see the girls walk by dressed in their summer clothes
I have to turn my head until my darkness goes

I see a line of cars and they're all painted RED
With flowers and my love both never to come back
I see people turn their heads and quickly look away
Like a new born baby it just happens ev'ry day

I look inside myself and see my heart is RED
I see my RED door I must have it painted GREEN
Maybe then I'll fade away and not have to face the facts
It's not easy facin' up, when your whole world is RED

No more will my GREEN sea go turn a deeper GREEN
I could not foresee this thing happening to you
If I look hard enough into the settin' sun
My love will laugh with me before the mornin' comes

I see a RED door and I want it painted GREEN
No colors anymore I want them to turn GREEN
I see the girls walk by dressed in their summer clothes
I have to turn my head until my darkness goes

[Anonymous No.11822272]

>>11821936
>Not black
>Not working black friday in there somewhere

Wasted opportunity tbqh

[Load up on GE !!MwsXSj7cIe5 No.11822313]

I feel like we are all holding the banks bags again.

[Anonymous No.11822461]

>pre-market retailers
Jesus Christ.

[grim !!tqKNtpU7P6O No.11822465]

goodnight /smg/

[Load up on GE !!MwsXSj7cIe5 No.11822591]

All markets are kill. I have no hope at this point.

[Anonymous No.11822598]

>>11822465
sweet dreams fren!

dont worry, we will keep watch over the markets while you are away

[Anonymous No.11822625]

Even mainstream media sounds more like zerohedge these days

[reluctant kneepad girl No.11822626]

capitalism is OVER

[Anonymous No.11822649]

>>11822626
just means the next bull run will be even bigger than before ^_^

>please make the pain stop ;_;

[grim !!tqKNtpU7P6O No.11822674]

>>11822598
thank you fren, please crash EZA for me.

[Anonymous No.11822732]

IT NEVER ENDS

[Anonymous No.11822748]

[Anonymous No.11822764]

holy red day, batman. Lost 4% of my entire wealth today.

[BenevolentStockCharts !4fOVGSXpE6 No.11822781]

Mike Pence crashing this market with no survivors.

[Anonymous No.11822793]

ummmmm

[Anonymous No.11822797]

>>11822764
Lmao, l2 risk management

I lost 0,1%.

[Anonymous No.11822804]

friendly reminder we at 313 replies, going to need a newly baked bread soon

>>11822764
>AMZN stop loss yesterday at $1500
>it closes at $1512

>premarket today is $1460

post/premarket movement should be illegal

[BagholderExtraordinaire !kDjFcJuZkQ No.11822861]

I don't think the selling is over.

[Anonymous No.11822885]

There's going to be a bounce soon in the next day or two. Short it, we are going lower.

[Anonymous No.11822893]

>ATVI
>GE
>NVDA

[Anonymous No.11822897]

>we will START the day at -2%
KEK MY LIFE INTO PIECES

[Anonymous No.11822911]

$10 when?

[Anonymous No.11822916]

>>11822911
EOD

[Anonymous No.11822928]

Is it still good advice to if you want to have your money invested, but you don't want to constantly be researching and paying attention to the market that going 50/50 in a large index (like S&P500), and in government bonds is a good plan?

I know it's old school but it's what Benjamin Graham seems to preach, and others. It's just hard to justify putting any money away when you're 20, not graduated yet, jobless (until graduation), and only have $12k to your name - in disposable income. And your car has about a year left in it.

Is it pointless putting anything less than $10k into bonds/index funds? $3k each? Or is that just useless?

[Anonymous No.11822950]

>>11822928
>going 50/50 in a large index (like S&P500), and in government bonds
Absolutely not, everything is fucked
The only way to make money in the next year will be to short
Anything else is going to leave you broke

[Anonymous No.11822968]

Could you be any more obvious?

[Anonymous No.11823006]

>everything red except Altran and Valeo
>soitec -6%
I'm happy I don't rely on my trading skills to live.

[Anonymous No.11823007]

>>11822950
> I don't feel so good
>I don't know what's happening
>I don't, I don't wanna go

[Anonymous No.11823016]

>>11822950
Things look OKAY in Australia. China is still buying our iron ore, in fact they're starting to buy more, more jobs are popping up, looks like my state is coming out of its mini four year recession.

Maybe I'll fuck off the S&P500 and go the ASX200, seems like our big players have no competition and are quite stable.

Why are you so sure everything is fucked though, just curious?

[2 scoops !!DU22SQMj6dQ No.11823037]

>QQQ futures at -1.9%
Kekekekek
We so fukt, famalam

[2 scoops !!DU22SQMj6dQ No.11823048]

>>11823037
>2.05%

[Anonymous No.11823085]

>>11823048
>soitec -7%
>STM -3.5%
Semis are getting REKT in europe

[2 scoops !!DU22SQMj6dQ No.11823086]

RED DAY!!! RED DAY!!!
SELL! SELL! SELL!
Just dump it, anon, just dump it all!
You'd be lucky to get rid of it at these prices because IT'S NOT EVEN GONNA BE WORTH MONEY ANYMORE!
Just dump it, anon. What are you waiting for? Why'd we even buy any of this shit in the first place???
IT'S NOT EVEN GONNA BE WORTH MONEY ANYMORE, ANON.

[2 scoops !!DU22SQMj6dQ No.11823095]

>>11823048
>2.22% on NASDAQ
>1.43% on S&P

[Load up on GE !!MwsXSj7cIe5 No.11823159]

even VZ is down in PM. This is going to be a record breaking day.

[Anonymous No.11823163]

sell and dont buy back in until we test feb lows.

[Anonymous No.11823183]

Buying opportunities are coming soon.

[reluctant kneepad girl No.11823200]

me just wanted comfy obama style market growth

[2 scoops !!DU22SQMj6dQ No.11823221]

>>11823095
>2.26% on NASDAQ
>1.48% on S&P

[Anonymous No.11823236]

New
>>11823230
>>11823230
>>11823230

[2 scoops !!DU22SQMj6dQ No.11823249]

>>11823086
JUST DUMP IT, YOU FOOL! JUST DUMP IT ALL!
IT'S NOT EVEN WORTH MONEY ANYMORE
>IT'S NOT EVEN WORTH MONEY ANYMORE
IT'S NOT EVEN WORTH MONEY ANYMORE
>IT'S NOT EVEN WORTH MONEY ANYMORE
IT'S NOT EVEN WORTH MONEY ANYMORE
>IT'S NOT EVEN WORTH MONEY ANYMORE

Don't forget to do a fuck ton of Adderall today, boyos.

[BagholderExtraordinaire !kDjFcJuZkQ No.11823298]

>>11823095
Can we hit the circuit breaker today?

[Anonymous No.11823377]

>>11823086
Sell before they halt trading and lock in your loss

[Anonymous No.11823707]

>>11823200

Fuck that 2% new normal garbage.