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/biz/ - Business & Finance

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30022828 No.30022828 [Reply] [Original]

Martin Shkreli drops a black pill on a 24 year old white /biz/cel, tells him his 100k is nothing and he’s wasting his time looking at the stock market.

https://youtu.be/NABQKu3OX6U

Is Martin right? This jives with the advice every intelligent person I’ve ever known has given me, the most important thing you can do is get your INCOME up, then passively invest your income to become a multimillionaire. The best way to get your income up is through acquiring skills. This goes against the /biz/ philosophy of lounging around and NEETing while gambling on shitcoins, so who is right?

>> No.30022887

>>30022828
Why would he want normies shitting up his markets? Obvious fud if you have a triple digit iq.

>> No.30022921

>>30022828
If he's so smart, why doesn't he have the wisdom to stay out of jail and spend 7 years in there, that little fucking faggot will learn how to be humble

>> No.30022960

>>30022828
>who is right?
Lol obviously the pharma jew guy shitting his pants in prison?

>> No.30023047

>>30022828

Income first is right. "Making it" by doubling your money over and over is statistically very difficult to pull off. If you DCA with a high income you have a very high chance of success in a reasonably short time.

>> No.30023137

Shkreli was literally just FUD filtering because he is a gigantic asshole.
His fundamental analysis is laughable bullshit that has been consistently crushed by momo-memesters and he missed crypto as a freeman and now again as a prisoner. He is fucked. 10/10 troll skills, 5/10 investor skills.

>> No.30023180 [DELETED] 

>>30022828
He's right unless you're insanely talented and/ or get a once in a life time opportunity. If you're insanely talented then you could make WAY more money managing other people's money.

There's nothing wrong with spending a bit of time investing your $100k in a good portfolio, but spending hundreds of hours on it is a complete waste of time.
> inb4 midwit anecdotal evidence of someone going all in on a shitcoin and 100x'ing their money
People 100x their money at the casino too. Most people who are up a ton on crypto have just been insanely lucky. It's normal to delude yourself into thinking you're a genius if you're up that much.
> inb4 salty nocoiner
I've been in crypto for 5 years.

>> No.30023215

>>30022921
Your $100,000 is nothing

>> No.30023223

>>30022921
>>30022960
The advice is either sound or it isn’t, pointing out that he is in jail doesn’t prove anything.

My brother makes $750,000 yearly as a dermatologist, there is no amount of investing I could do at my 6 figure engineering job to ever catch him. It’s basic math. It would seem Martin’s advice to get an enormous income is better.

>> No.30023242

>>30022828
He's right unless you're insanely talented and/ or have insider information. If you're insanely talented then you could make WAY more money managing other people's money.

There's nothing wrong with spending a bit of time investing your $100k in a good portfolio, but spending hundreds of hours on it is a complete waste of time.
> inb4 midwit anecdotal evidence of someone going all in on a shitcoin and 100x'ing their money
People 100x their money at the casino too. Most people who are up a ton on crypto have just been insanely lucky. It's normal to delude yourself into thinking you're a genius if you're up that much.
> inb4 salty nocoiner
I've been in crypto for 5 years.

>> No.30023303

>>30023223
you post this every week
stop

>> No.30023324

>>30023242
You must have made at least 100x in those 5 years, do you consider that 'luck'?

>> No.30023330

>>30023303
I post it once per month

>> No.30023342

>>30023180
>I've been in crypto for 5 years
> $500 porfolio

>> No.30023365

>>30023223
That’s only because doctors are ridiculously overpaid in the US aka Snow Brazil. You beat him by working and living in low cost of living countries where engineers make more than doctors.

>> No.30023369

>>30022828
My 4 million $ Chainlink only portfolio says otherwise

>> No.30023399

>>30023303
Kek yeah he does.

>> No.30023413

>>30022828
he's literally just the real life version of arrogant /biz/cels who made too much money by accident and think they're amazing. he's in fucking prison now, who the fuck up ends up in prison for white collar crimes in AMERICA? he was literally just that much of an unlikeable sociopath that he ended up in jail. btw his hedge fund failed which is why he started a biotech company that ALSO failed because he was too much of a FUCKING RETARD to realize that trying to 100x the price of a lifesaving medicine would be terrible for optics and that the news would jump on him like rabid hyenas

don't listen to this idiot lmao

>> No.30023414

>>30023223
lol what the fuck does he fix the skins of arabian sheikhs or some shit

>> No.30023479

>>30023330
kek the honesty.

seriously tho this guy is a psychopath he doesnt understand human motivation, only sees goals in terms of pareto division

>> No.30023532

>>30023324
I picked good coins which (in part) was me being smart. But the overall increase in the crypto market is insanely lucky.
>>30023242
Should probably add that's it fine to spend time on investing if you (in part) do it as a hobby.

>> No.30023542

he literally made his money playing the stock market and running a hedge fund, total fudder

>> No.30023563

>>30022828
>The best way to get your income up is through acquiring skills.
Boomer tier advice. Hiring is done by HR roastoids than only recruit according to key (female, bipoc, etc.) these days. Your skills are secondary.

>> No.30023582

>>30023342
Nah. I've made it by most of you guys' standards.

>> No.30023598

>>30022828

>trusting an ass-raped felon

He’s already proven himself to be the biggest fraud of the past 10 years.

>> No.30023602

he's right. plebs will never understand because they hope to make it with their bar mitzvah money

>> No.30023609

>>30022828
Yea the smart guy in jail is right
KeK

>> No.30023631

>>30023542
He made his money being jewish and having a barmitzah and getting 20,000$ for stocks

>> No.30023645

>>30023563
if it werent a pandemic i would tell you to leave your house and stop reading coastal US workplace dramas on the internet

>> No.30023679

>>30023542
He wasn't managing $100k though lol. That's the point.
If you're managing $50MM+ and getting 2-and-20 then you're probably not wasting your time in the markets.

>> No.30023689

>>30022828
ronald mcdonald drops black pill on child about hamberderz being tasty

https://www.youtube.com/watch?v=yCT0NlzDtNs

is he right? are hamberderz indeed tasty? a lot of vegans i know say otherwise and it goes against the /biz/ philosophy of eating tendies, so who is right?

>> No.30023730

>>30023223
>My brother makes $750,000 yearly as a dermatologist, there is no amount of investing I could do at my 6 figure engineering job to ever catch him. It’s basic math. It would seem Martin’s advice to get an enormous income is better.

Its opportunity cost though. On average people don't hit that income level until they are in their 30s. If I had listened to him I'd be fucked. I started with 10K its now worth over 600K. To be fair I did learn skills and learned how to trade and understand the market. He's like half right. 100K isn't a lot

>> No.30023763

being Jewish

He has a barmitzah, most jews I know get 20,000$ given to them to put in stocks by rich fags, a car when they are 16, a free trip to Israel funded by the Israeli government, a jewish gf to follow you around in Israel. You can chose to fuck her or marry her, shes being paid by the Israeli goverment to be around you.

If your jewish parents are rich, then you also get a house already paid for so you can put tenants in and be a land lord and get access to the protocols of the elder zion and learn meta physics to be a ultra jew.

>> No.30023827

>>30022828
It doesn’t matter how much money you have if you’re a cowardly faggot, though.

>> No.30023837

>>30023763
wait what?

israel gives u a gf?

>> No.30023842

>>30023223
Literally why we need socialized Healthcare. Doctors and hospitals have too much of a scam going.

>> No.30023850

>>30022828
>most important thing you can do is get your INCOME up, then passively invest your income to become a multimillionaire.
This sentence is basically self-contradicting. If you become a multimillionaire by investing, it doesn't matter how you get your starting capital. Either investing is the better way to make money or being an expert at some job, it can't be both ways.

>> No.30023873

>>30022828
Shame this idiot is still alive

>> No.30023884

>>30023837
yea I know a jewish guy I know he tried so hard to get a white gf, gave up and accepted defeat and signed up for the Visit Israel and get a jewish girl to follow you around program. I think H3H3 also got his wife that way too.

>> No.30023924

>>30023884
pls explain... any links online????

>> No.30023942

>>30023730
for this cope to be realistic you have to squeeze the ever living fuck out of your earning years and that can lead to a very unpleasant life style.

>> No.30023982

>>30023223
bro awesome idea i will just increase my income 10x. easy as

its unironically easier to make money from the correct plays in equity markets

pharmabro is just wrong in this instance. its blackpill shit

>> No.30024035

Well he’s not wrong though, making money in boomer stocks is basically impossible

Cryptocurrency is different, you can actually make millions without much upfront

But that’s only because crypto has 10-100X booms, boomer stocks are like 5-10% if you’re good

>> No.30024060

>>30022921
>>30022960
>>30023609
Kek’d

>> No.30024098

>>30022828
kek

>> No.30024142

>>30023837
no but the rest is true even if you're moderately well-off.

>> No.30024196

>>30023689
this is bullish for ETH somehow

>> No.30024209

>>30024035
this isn't correct at all

TSLA had like a 700% run over 12 months or something

these kind of moves happen in stocks too.

i am not saying its easy, but 100k is easily enough to retire on from a few good plays in the stock market.

that's not even taking into account options

>> No.30024235
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30024235

>>30023924
Do you really thinks jews would leave bread crumbs about stuff like this online?

>> No.30024254
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30024254

>>30022828
Why do you post this thread every other day?

>> No.30024304

>>30023763
not to be that guy but he's albanian, not jewish. his parents are albanian immigrants and he went to a fucking CUNY school. he wasn't born wealthy

>> No.30024307

>>30023223
engineer doesn’t understand compound interest?
yikes

>> No.30024361

>>30024307
>yikes
Go BACK

>> No.30024368

>>30023303
And someone always posts something like >>30023365 in response
Last time it was me. Are we all a bunch of NPCs?

>> No.30024382
File: 157 KB, 600x685, 61593332-80BF-4FB3-BD6B-65E709EFC88B.png [View same] [iqdb] [saucenao] [google]
30024382

>Yikes

>> No.30024406

>>30022828
I mean what am I supposed to do with my money but invest?

I actually also have 100k, and now I’m looking for something to do with it.
I don’t want to just leave it in a bank account and lose all of its value. So what the fuck would Martin tell someone like me to do with it?
Putting it in even the sp 500 seems pretty safe, and if we let that money sit for 10 years, we’d have a million if we go by the observed trends. Is Martin advising against that?

>> No.30024429

>>30024209
Most people won't be able to turn that $100k into retirement money lol. Even insanely talented traders can't expect to 20x their money over a a decade.
inb4 "I did it"
yes, it's called variance + survivorship bias

>> No.30024470

>>30023942
>very unpleasant life style
99% of /biz/ is miserable anyway

>> No.30024483

>>30024406
He's not telling you not to invest. you SHOULD invest your money. He's telling you not to waste hundreds (or even thousands) of hours on it. Your time would be better spent elsewhere.

>> No.30024576

>>30024483
I’m finna invest then, my guy

>> No.30024580

>>30023884
>>30023837
>>30023763
Kinda off topic, but a friend of mine who isn’t Jewish lied about having a Jewish grandmother and wanting to reconnect with his “Jewish heritage”. The Israel trip people believed him and he got accepted to the program. Didn’t get to go cause COVID happened shortly afterwards

>> No.30024633

>>30023223
you're an idiot then

>> No.30024665

>>30024429
Lol meanwhile I made an x15 on ftm so far. Stocks are for faggots

>> No.30024683

>>30023242
he would be right if the asset class of crypto didnt exist otherwise yeah normies arent going to make it trading options lol literally once in a thousand year wealth transfer

>> No.30024713

>>30022828
Canadian poorfag anon here. Kinda think he's wrong. In America you can't daytrade with less than 25k but it's not like that here. I make around 1% a day steady daytrading on tsx. Once I have thousands it will really add up

>> No.30024797

>>30024633
Why is that?

>>30024713
How many consecutive days have you made 1% gains?

>> No.30024837

>>30024483
Did you forget when he said you're more likely to lose the money than make anything in return?

>> No.30024895

>>30023330
You posted this less than 2 weeks ago jesus christ

>> No.30024916

>>30024895
Yeah buts it’s March now

>> No.30024920

>>30023563
>he thinks he means getting a W2 Job to raise income

Kek we’re talking cashflow. Income is for normal dumb mother fuckers.

>> No.30024955

>>30023242
the only luck is that they came across information and were spoonfed a narrative/thesis that they found convincing enough to invest thats true but the thesis has been correct lol basically information asymmetry biz has had good alpha leaks before which is why a lot retards are making it i would say is a good time to risk capital in decent projects the opportunity to make these returns wont last forever and it will be almost impossible again like shkreli is saying, virtually impossible for a normie to make it trading options with a 100k lol u need like 7 figures in fidelity QQQ/ark/amzn lol

>> No.30025015

>>30024797
3 months so far. I fucked up a few times and had to wait a week but have never lost money. I just play with daily variations on stocks I've (mostly) gotten used to and learned a decent amount about. I know they wont go to zero at the very least. I've managed to make money on stocks which went down in value at the end of the day.. so I think I'm doing pretty good.

>> No.30025057

>>30024837
I used to watch his vids in the past. Tbh I didn’t bother watching the clip. He has told many people that passive investing is the way to go for most people. And I agree.

>> No.30025062

>>30022828
little kikes boys are made for bbc

>> No.30025097

>>30024713
how long have you been trading? this is literally a fisher price baby's first market
equities have been only up since biden won

>> No.30025107

That's exactly why I'm in the crypto market and not making bus fare on the (((stock market)))

>> No.30025161

>>30023414
Foreskin harvester.

>> No.30025178

>>30025062
Is Martin even Jewish?

Anyway, why can’t anyone actually make a counter argument? If you talk to financial advisers they all say the same thing, you need to get your income before you worry about micromanaging your investments in the stock market. Are they all wrong?

If the people here are so good at investing, why aren’t you investing other people’s money and scraping a few off the top?

>> No.30025254

>>30024916
kek

>> No.30025292
File: 1.15 MB, 1200x1194, 1531056427004.png [View same] [iqdb] [saucenao] [google]
30025292

The problem is this can apply to anything these days.
You can spend 4 years in college on your chosen profession and still end up as a grocery stacker in the local supermarket.

Theres millions of people competing and trying to make it in every occupation and business niche. You're just as valid going for that one lucky moon mission as you are trying to grind away becoming npc widget technician #65345 with an irrelevant 40-80k a year salary.

>> No.30025310

>>30022828
What a godless unspiritual nerd. 100k is alot of money he's just a materialistic nerd that orders food and lives in the city. Pathetic.

>> No.30025312

>>30022828
The guy gets butt secked by Tyrone. I'm not trusting his advice

>> No.30025332

>>30025178
nah hes just a subversive albanian and hes wrong because gryptogurrency/roaring 20's equity market is upon us its literally a once in a lifetime opportunity and even neets with 2-5k have a chance to make it rn lol

>> No.30025415

>>30025332
I won’t deny crypto is a once in a lifetime opportunity

>> No.30025531

>>30022828
>You need to research a stock for 100 hours before you purchase a share
This guy has always spoken hyperbolically, take anything he says with a bowl of salt. Many people in finance are smart, yes, but at the end of the day they just pretend they know what they're doing. The money helps distract from the fact that they're doing a bullshit job and still haven't escaped the rat race. Yes, that applies to buy-side jobs too. The market is chaotic and unforgiving, very few manage to make incredible returns without relying on insider trading or some form of market manipulation.

t. former biotech equity research analyst

>> No.30025659
File: 3.76 MB, 4032x3024, 83AF5F03-0E7A-4B0C-AAB4-E3CA4A184C69.jpg [View same] [iqdb] [saucenao] [google]
30025659

>>30022828
(((Martin Shkreli))) is a faggot
I literally dumped 100k into the stock market right about this time last year. I bought 255,100 shares of MARA. That 100k is now over 10M
Fuck Kike Israeli, and fuck yoU

>> No.30025670

>>30025531
Why former

>> No.30025719

>>30025415
alfa leek
BTC (ackchually has chance to begome settlement standard)
efferium (legit chance at high security settlement layer)
aave, compound, thorchain (primitives banks will use as back end for yield to stay relevent and keep their customer base from bankless alternatives with ease of use/custody issues)
luna/solana will be used in point of sale systems

>> No.30025735

>>30023223

What the fuck. Am I going senile or has this exact same thread and reply been posted last month?

You guys are faggots.

>> No.30025880

>>30025531
thats because most tradfi bros are literally retarded and only have their jobs because theyre spoiled with legacy connection/went to feeder schools theyre literally dilberts and 'thesis based analysts' are the biggest retards they cant even tape read lmao legit anyone with a twitter account can do that now a days VC's are losing their edge the best alpha comes from devs now if your friends with them and theyre getting more hostile to them and dont really even need them bc most of them are in 8 figures personal wealth now from grypto lmao

>> No.30025948

>>30025659
So what do you do with your gains?

>> No.30025972

>>30025735
Same thread, same reply, same story

>> No.30026002

>>30022828
I don't need to make 100,000 dollars a year or whatever. In the past month I've made half my yearly income on the stock market, and that's more than enough for me. Shkreli is a child, and his wealth insures he will remain a child. Those who do not know struggle do not know success.

>> No.30026038

>>30022828
average house price in my city is currently going up $1000NZD PER DAY ($720USD) 100k is nothing, not even a deposit on a card board box.

>> No.30026041

>>30025670
Poor quality of life, pay is not worth the hours especially when you realize it's a bullshit soulless job. No one ever decided to go into biotech because they wanted to talk about investment ideas with a fund to help some already-rich cunts make more money. Equity research analysts in biotech are generally very smart and know their companies like the back of their hand, but the price targets are pretty much made up. If you ever read an equity research report, read the text but ignore the numbers.

>> No.30026873

>>30023223
>my 6 figure income + investing could never match my brother's 6 figure income

>>30023842
This is why we need to end socialized healthcarr

>> No.30027140

>>30023413
He stepped on Jewish turf. The only reason he's in trouble is because he's not a Jew. Of course that miscalculation is still stupidity on his part.

>> No.30027182

>>30022828

We know this guy thinks 100k isn't enough to start making it. He's wrong

>> No.30027411

>>30025292
>You can spend 4 years in college on your chosen profession and still end up as a grocery stacker in the local supermarket.
I didn't even care that much about money until it turned out I wasn't going to get to spend my life doing what I consider worthwhile. Crypto has just been a way to drop out and not participate in a rigged game.

>> No.30027727
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30027727

People here really are spreading a mixture of hopelessness and boomer stocks LMAO

>> No.30027786

>>30023223
Is that 750k salary or 750k business revenues? It’s very different because of operating expenses, employee salaries, insurance, taxes etc.

>> No.30027905

martin shkreli said he was funding a project to be an alternative to the bloomberg terminal that wouldnt cost like 10k a month or whatever. does anyone know if he's still funding that?

>> No.30027927

>>30027786
I have to guess it's either business revenues or he's one of those doctors that gets kickbacks for working with pharma or wall st

>> No.30027960

>>30022828
fuck off with posting this i turned 3-4k into 20k. thats a good amount of money for a poorfag and better than 3k

i am putting my money into more stable safeish shit like staking and stocks and making steady money off the gains

>> No.30027970
File: 22 KB, 480x307, 1494834589-30148fb792e5f973e384ea92891e5a39.jpg [View same] [iqdb] [saucenao] [google]
30027970

If you listen to his other shit on investing, he's just being a realist here. Basically no one actually gets rich on gambling their savings, a long term return on stocks of even 20% is excellent. He thinks that if you're interested in the stock market that you should learn how it works and work in finance rather than trying to make things happen yourself. It's also super obvious from the way that guy answered the question that he is not even gambling 100k, his pause makes it sound like he just made up a number that he thought would sound big.

>> No.30028061

>>30022828
He's right if you're 130+ IQ if you're lower there's levels that you can't pass without luck. For example I was doing great in IT till I got to cisco certs i just don't have the memory to retain all of those commands.

>> No.30028299

>>30027970
no these fucking boomers ruined my life with this garbage ass advice. the first thing i wanted to buy when i started stocks was square and apple and shit. if i didnt listen to these morons id already up 600% without even looking at anything

>> No.30028484

>>30023137
>>30022960

You do understand that he's in Club Fed and not a maximum security prison? Club Fed is basically a college dorm...it's not like he's cut off 100% from the outside world.
>>30023730
Most people do not hit that income level -ever-. At best, the average person will make it to lower level middle management or senior IC after 15-20 years. . I worked with some boomers who retired a couple of months after I started at a previous company. They retired 1 Grade level above me and all of the salaries ranges were public. They were not making more than 150k.. This was a 40k+ employee company

>> No.30028526

>>30028061
You're clearly not 130+ IQ if you think that you need certs to move up in IT, let alone Cisco certs

>> No.30028572

the reddit retards and deepfuckingvalue completely obliterate shit shkreli's argument in one second. investing is easy as shit and its easy to get 10x - he just doesn't want the cat out of the bag because it makes him feel special to be a "super-smart-investor"

>> No.30028629

>>30028572
and now he rots in jail getting pounded by jamal daily because he defrauded investors. LOL

>> No.30028676

>>30028484
hahaha hes in mdc brooklyn. absolute shit hole freezing cold rat shit everywhere shitty beds shit hole full of dangerous criminals

>> No.30028695

>>30028061
i did the ccna bullshit and went into computer science after so i never used it but everyone i did it with said hardly anyone even uses cisco routers most of them are working with ubiquiti or something

>> No.30028760

>>30028572
you dumb ass lmao DFV worked professionally as an investor for 10 years lmao

>> No.30028797

>>30028760
so you can just pigtail on the back of professional investors. i got a buddy who just looks at michael burrys 13f and buys whatever hes buying and hes up like 300% or some shit since last year

>> No.30028816

>>30025735
Yep same exact thread

>> No.30028819

100k can obviously turn into millions of dollars with investing so i don't know why this is even an argument

>> No.30028839

>>30028797
eh yeah anyone could have gotten 300% this year. i found gamestop at 20 bucks on /smg/ and sold it at 320 after reddit fucked it up. theres a small number of geniuses in wsb and smg but you gotta tune out the dumb ass coomers and spammers

>> No.30028881

>>30022828
I have 101k

>> No.30028885

>>30028839
yea i bought gme at $16 i sold it way too soon though

>> No.30028886

>>30022828
>got from 10k to 140k in 2.5 months by investing in crypto
Yes I rather continue to do that than focus on become a better wagie, thanks ugly jew nerd

>> No.30028926

>>30028819
crypto and wallstreetbets wasnt a thing back then it was mostly just boomers having vanguard making them 10% a year for 20 years. i think bio shit is the worst fucking sector you could possibly choose tech is pretty easy just find something new and growing and buy it

i started using cashapp before it was popular but i knew it was coming for paypal and fast i wish i found stocks back then because its up 1700% since then (2016)

>> No.30028968

he's just gatekeeping, or a bit dunning kruger.

he bought calls on a penny stock on one winning trade, that's how he got his $70 mil.
if you did the same thing with $100k you'd be just as rich as him

>> No.30028988

>>30028526
Yeah no shit I was saying if you're lower than 130.

>> No.30029019

>>30027140
wrong faggot he is a fucking jew.

>> No.30029103

>>30029019
jews jew jews too

>> No.30029314

>>30024304
Cunny school?

>> No.30029433

>>30024920
How do i become a sales chad?

>> No.30029572

>>30022828
Not watching the video but it sounds like common sense. Investing is not a great way to make money. For every billionaire investor you can name I can name 10 billionaire CEOs. The goal of investing should be to make more than you would otherwise keeping your money in a savings account. Trying to exponentially increase your money, you're more likely to exponentially decrease it.

>> No.30030111

>>30029019
i thought he was just albanian

>> No.30030222

>>30030111
no hes a jew

>> No.30030273

>>30022828
yes, goy, get your income up, goy, slave harder, goy, invest later goy.

>> No.30030341

>>30022828
what a smug little shit. i'd rather be lower middle class at 85k than be him.

>> No.30030383

>>30030341
bad goy. slave harder goy.

>> No.30030457

Are these boys?? I swear this same thread comes up every so often and you get the same exact replies like >>30023223

>> No.30030479

>>30030383
not everyone wants billions of dollars. id rather work a relaxed life with a nice house then work my fucking ass off 24/7 and have 0 joy in a mansion

>> No.30030545

>>30023631
>>30023763
Shkreli is Albanian, not Jewish. That's why he got locked up.

>> No.30030547

>>30030457
im not a boy im a girl

>> No.30030576

>>30030457
demoralization thread?

>> No.30030635

this thread again

>> No.30031152

>>30029019
Not Jewish enough. Different grifts require different levels of Jewishness.

>> No.30031211

>>30024580
Is it really that easy?

>> No.30031238

>>30023047
Bitcoin 222% annualized returns for a decade faggot

>> No.30031635

>>30031238
Was this meant to refute anything abon said? Imagine doing a DCA or value averaging into those kinds of returns. Look up what those terms mean.

>> No.30031796
File: 1.67 MB, 2048x1536, 1541689678526.jpg [View same] [iqdb] [saucenao] [google]
30031796

>>30022828
I remember in Shkreli's earlier streams he talked a lot about using "Other people's money" and doing the 2/20 hedge fund thing. I guess his reasoning was if you performed poorly you still get a fee based salary and other salary. I think it is kinda boomer mentality what shkreli is saying about not investing the $100k. He doesn't understand NEETs can survive off of no expenses. Even disregarding insane crypto returns, when that video was made tsla was $50 or whatever and now it's $718. In crypto any anon who HODL'd some decent shitcoin from then could've 300x'd or something

>> No.30031846

Psychopaths do have an amusing quality to them. Sadly - tragically - they know it. So they tell their little psychopath jokes, and some people struggle.

But ignore this fuck. He's probably not even smart. Anything interesting he may say is stolen.

>> No.30032025

>>30031846
hes smart but basically in a sense that he just researches a lot. if i wasnt so fucked in the head from ptsd and growing up poor and hated being alone i could probably get there

the returns i get are fine by me though i just wish i could earn money without a fucking job

>> No.30032544

>>30025310
I don't think you can order Grubhub to prison

>> No.30032604

You don't understand, 100k is absolutely nothing in the grand scheme of things. Putting it in the stock market is an absolute waste of times because you can get greater gains elsewhere. People gotta stop being so fucking retarded.

>> No.30032653

>>30028676
he's not, he's in comfy federal prison (as anon said) tucked away in Pennsylvanian Appalachia

>> No.30032781

>>30032604
someone turned 500 into 1 million with a tesla leap

>> No.30032864

>>30032653
i dont know if its that comfy probably just non violent probably still taking a shit next to some dude trapped in a shitty building all the time.

definitely not comfy coming from a million dollar lifestyle

>> No.30032934

>>30032781
How many Tesla leaps actually happen every year? How many you feel you can catch before they actually happen? You feeling lucky, punk?

>> No.30032970

>>30032934
if he put that money in apple around 2017 hed have like 300-500k

>> No.30032987

>>30032970
If everybody knew what moves to make we'd all be millionaires, faggot. That's the cold truth you refuse to look at.

>> No.30032992

>>30022828
100k in BTC in March 2020* and you're a millionaire today
*or RIOT in November 2020
*or TSLA in March 2020
*or ETH in March 202
etc etc

>> No.30033038

What Shkreli did wrong was exactly this. Catering to the autistic 4chan crowd and being a non-likeable person. If he had just a little bit more charisma and didn't look so arrogant and as a capitalist, he would be rich, not in prison and people would barely know him. He should have hired an attractive PR lady which spoke for him in a compassionate way. But he wanted to be the center of attention and live as a "meme". Pfizer and all pharma companies do the shit he did on a daily basis on a much larger scale i guarantee you the corona vaccines cost a magnitude less than what they are offered for. The limited supply is to incite bidding wars. But that's all legal and okay because the CEO of pfizer doesn't go on YouTube live streaming how he's exploiting the market.

Shkreli is a narcissist and he loves the persona and attention. That's what went wrong.

>> No.30033089

>>30032987
apple is literally the classic babbys first stock where you cant really fail save for an entire market wide crash. its pretty easy to know things like square would have solid when it popped up you can throw a little bit of money in tesla if you wanna risk it

im a newfag and i know its a lot harder with more money but i did a 10x on gme and i did a 15x with fantom my first investments and now im getting 40% apy with the profits staking

>> No.30033113

>>30026873
He's probably just making $100k vs his brother's $750k

>> No.30033138

>>30022828
LMAO fuck this guy. I bet he doesn't even own any ARPA.

>> No.30033159

>>30033089
Drop you receipts faggot, nobody has time to listen to some anonymous faggot bragging about shit he doesn't really have.

>> No.30033233

>>30033159
>he thinks its hard

>> No.30033412

>>30033233
>still not posting proof
What a fucking lame o. What possesses someone to lie over the fucking internet to anonymous strangers.

>> No.30033458

>>30023679
Who cares nigger, I've already turned 100k into 2m with crypto. That's more than I ever could've earned in even 10 years of working here.

>> No.30033535

>>30022828
he's right that 100k isn't a lot of money. He's comically wrong for stating that 90% of investors lose money. It's easily the other way around. It's also ridiculous to say that investing is difficult. It's the easiest profession out there, any retard can do it.

>> No.30033627

>>30023884
no fucking way that's true. Although it makes sense - your child WILL BE A JEW, because his/her mother is JEWISH.

>> No.30033662

damn this guy is smug as fuck

>> No.30033729
File: 102 KB, 423x250, 1588109055815.png [View same] [iqdb] [saucenao] [google]
30033729

>OP posts this bait thread all the time
>Shrekli clearly talks about stocks
>100 retards reply about crypto

>> No.30034347

>>30022828
can't be so smart if he ended up in the slammer can he? KEK enjoy your time inside stupid dumb cunt

>> No.30035209

>>30022828
What is this cunt typing on his keyboard? He doesn't even know how to code probably

>> No.30036139

>>30025015
Anon, please understand that you've been lucky and 1% a day day trading stocks is completely unreasonable. The market is mostly good right now, I know you're dealing with small amounts f money but day trading based on getting used to variations is absolutely the fastest way to lose everything.

>> No.30036163

hes sitting in jail, im making comfy gains. which one is better

>> No.30036309

>>30023223
>dermatologist
>750k
What the fuck. I need to finish my physiotheraphy course and move to burgerland

>> No.30036400

imagine taking advice from a cringe nigger loving manlet

>> No.30036573

>>30022828
This shit made me no longer support him. I started with a measly 3k at 18 and now I’m 20 with 120k, & my investments only keep growing exponentially. If I had taken his advice I wouldn’t be where I am now. Fuck this faggot motherfucker.

>> No.30036723

>>30022828
We have this thread like once a week.
$100k is not a lot of money
Focusing on earning more money is a good idea. Developing skills that will earn you more money is a good idea.
Trading and investing is a skill in and of itself.
You can turn $100k into $1mil with one 10x which is common in crypto bull runs.
>>30031846
>he's not even smart
cope

>> No.30036760

>>30023223
good larp

>> No.30036761

>>30022828
He is a pampered bitch, isn't he? Sounds like a brat that had rich parents. Of course 100k is useful. Just that when your a brat rich boy, you don't know that

>> No.30036786

>>30025161
kek

>> No.30036818

In my country the interests banks offer you is about 0.5 to 1% theses days.

So why wouldn't you invest in stock ? Even if its not millions.

>> No.30036839

>>30033113
So what? Bitcoin can still hit a mil within a decade which is a 20x.
That larper needs a better story because they are retarded. They also want to play the "bigger dick" game when the real end goal is simply to retire and have passive income. Larpers aren't very creative

>> No.30036965

>>30022828
Didn’t he publicly threaten to beat up Chris Evans? Why would I listen to him?

>> No.30037047
File: 12 KB, 250x233, mk point.jpg [View same] [iqdb] [saucenao] [google]
30037047

hope hes getting bummed in prison the utter tard

>> No.30037073

The real winning move is just to be a slacker. Working and studying is stressful and annoying, and it gets in the way of doing what you want to do. You don't even need money ever really unless you do stupid shit like getting someone pregnant or married.

The just save 10% rule will actually work if you stay single

>> No.30037111

>>30036818
He is saying that you should invest it in an index instead of trying to learn to actively trade it. I don't understand how people in this thread can't understand that.

>> No.30037112

>>30022828
No amount of money is worth being hated and in prison. Scamming people is not a viable career path for people of moral integrity.

>> No.30037121
File: 50 KB, 799x586, 1453569216152.jpg [View same] [iqdb] [saucenao] [google]
30037121

>>30033729
sometimes the bait threads do change shkreli videos which i enjoy. but mostly they are the same 5 youtube clips. I always reply because i can't resist

>> No.30037123

>>30022921
You will never be a woman

>> No.30037184

>>30032992
>if you put $100K in the absolute bottom of a black swan event you would’ve been a millionaire!
fucking retards, easy to say in hindsight

>> No.30037225

>>30037184
to be fair it would have been pretty easy with stocks to get 400-500k since 2017 just buying apple and square and shit. people tend to be retarded though and spread out to like 80 different stocks and get .1% a decade

>> No.30037431

>>30023223
actually it's pretty easy. Invest 10k get a x5 reinvest. Do that 5 times and you are probably better off than him.

>> No.30037477

fucking $1k
purchase and lost on trading
what a tard, now he cries on every /biz/ thread
don’t send him money
I told him to take part in fucking amazing justliquidity and hold gem juld but seems like he is too dumb to realize it

>> No.30037546

>>30022828
best advice ever

>> No.30037701

>>30024209
Hindsight bias.

Give me few 10x in the stock market right now.

>> No.30038492

>>30037431
>dude just make a 500% return 5 times in a row bro!

its absolutely insane how naive people on this board are.

>> No.30038563

>>30023223
I've seen this post like 20 times already.

>> No.30039002

>>30024916
loled

>> No.30039166

lol, how is this even a copy pasta?? I saw this a few months ago, nigh on word for word.

whatever we are doing here frens is what (((they))) don't wont happening. Don't let this discourage you, unsheathe your sword! TO THE MOOOOOOOON!!!!

>> No.30039238

>>30037225
>to be fair it would have been pretty easy with stocks to get 400-500k since 2017 just buying apple and square
the only reason it is possible in the first place is because of corona and insane money printing. Normally it is not possible and there are only 2 ways this can go
1) inflation means 1 million is now 100k
2) tech stocks and shitcoins crash 80%

>> No.30039275

>>30022828
why do you keep reposting this?

>> No.30039297

>>30022828

You could have become a millionaire in the last 20 years with 10k and a 250 dollar monthly investment in the right dividend stock. So this is nonsense

>> No.30039537

>>30023223
woah dejavu

>> No.30039626

>>30023223
You still got to slave away to get that income though.

The point of investing isn't just about making sizeable returns. Sure, if you study and learn enough, and you have the funds available, you might be able to become a millionaire off day trading/swing trading (very low chance though)

The point of investing is retirement.

If somebody here can manage to invest there money well enough to even get a sizeable down payment on real-estate, or enough to the point where they can gain 1-2 million and retire and not wageslave, why not?

I'm using investing as a way to acquire enough wealth as a passive income generator to either retire or assist with buying a house.

Becoming a millionaire? Most people fucking with crypto wont because they are impatient and don't hold.

Facts are this. BTC will hit 1 million, ETH will go over 50,000, ADA will likely hit 7-10$ and if successful enough years down the road could hit 100$. Other shitcoins will rise with BTC so a lot of them are solid holds.

Most people here dont hold. They panic sell. Crypto millionaires are only crypto millionaires because they held on. You could potentially swing/day trade on crypto with enough analysis and make some sizeable returns but unless you are throwing thousands in and willing to lose you wont see much of a return.

Shkreli is right in the fact that if you want to make large sums of money beyond a couple hundred thousand, or even a couple million, you need more than just investing.

>> No.30039744

>>30022828
That smug autistic piece of shit is in prison, retard.

>> No.30039769

>>30022828
Bosses don't go to prison..this dude got everything he deserved, fucked around and found out who the real bosses are, fucking faggot.Hows prison martin?

>> No.30039794

>>30023414
I'd guess his main cliental must be Hollywood stars and rich old ladies. The average american doesn't ever visit a dermatologist.

>> No.30039837

>>30022828
100k is already important, as it allows you not purely focus on waging. 100k is nothing in the game of big boys.

>> No.30040032

>>30023369
Dangerously based

>> No.30040110

>>30022828
>>30023223
how often are you going to make this thread?

>> No.30040476

>>30033233
Tell me what stock will 10x over the next 5 years right now then.

>> No.30040529

>>30029572
>more likely to exponentially decrease it
I see your point but it’s best to keep in the market than to keep it in a savings account long term

>> No.30040622

>>30023223
>there is no amount of investing I could do at my 6 figure engineering job to ever catch him
what? literally put 10k into a shitcoin that will 100x and you have 1 mil, maybe 500 to 800k depending on where you live after taxes if u want to be a good goy but whatever

>> No.30040881

>>30040476
water technology companies. take the burrypill

>> No.30040973

>>30036309
damn another physio student

>> No.30041097

>>30023730
Where did you learn the market? Any recommended reading?

>> No.30041249

>>30022828
>100k is nothing
>RookieXBT turns 30k into >3m in less than a year

>> No.30041428

>>30023223
So assuming you are on the lowest end of a 6 figure income, $100k, you really think there's "no amount of investing" you can do to 7x your money in a year? lmao..

>> No.30041477

>>30023369
>Uhh you can't get rich from investing sorry! $100k is nothing to invest with!
>Meanwhile this linkie probably invested $10k in 2017
>Shkreli is rotting in prison

>> No.30041593

>>30023884
I think H3H3 also got his wife that way too

True, and he made up some story about cold approaching her in a holocaust museum lel.

>> No.30041666
File: 95 KB, 1200x799, external-content.duckduckgo.jpg [View same] [iqdb] [saucenao] [google]
30041666

>>30025659
>Uhhhh 10M is NOTHING. You're a fucking loser.

>> No.30041802

There are really people taking financial advice from someone who sits in prison for financial crimes as we speak?

>> No.30041804

>>30023763
What the fuck jewish people are too overpowered. They need a nerf now

>> No.30041987

>>30022828
He was arrogant. And he proved to be an idiot

>> No.30042025

My brother makes $750,000 yearly as a dermatologist, there is no amount of investing I could do at my 6 figure engineering job to ever catch him. It’s basic math. It would seem Martin’s advice to get an enormous income is better.

>> No.30042268
File: 392 KB, 2500x1590, Screenshot 2021-03-02 at 13.35.31.png [View same] [iqdb] [saucenao] [google]
30042268

>>30025659
>over 10M
it's nothing! Do you want to bet that 10M over professionists with 8, 9 figures? You are going to lose that I can assure you there is no free lunch

>> No.30042271

>>30022828
He's sorta right, but he's mostly just being an egomaniac.
>no goy don't invest your money just keep it in the bank and get a better job

>> No.30042283

>>30041593
>30041593

my gf listens to his shitty bad friends podcast or whatever with the fat plastic lady.

Yeah he went on a program and she was his tour guide

>> No.30042418

tfw 230$

>> No.30043194

>>30022828
Take it with a grain of salt. Example; I'm really into poker, I watch the live streams, read strategy, play online now and again etc. I might even win low stakes local tournaments. That being said, I'll never be a professional poker player. I just don't have the skill and probably never will. This is the jist of what he's saying. If you have to ask someone on a livestream where to invest your 100k, you're ngmi as an investor. You know whether this applies to you or not.

>> No.30043329

>>30023330
dude, I only look at a few biz threads a day and this is the 3rd time I’ve seen this. is this pasta I’m unaware of?

>> No.30043547

>>30027927
>kickbacks for working with pharma
that’s all of them brochacho. pharma rebates, payouts from vaccine companies for having a percentage of children you see vaccinated...list goes on, one of the main reasons a doctor will try to put you on something, especially if it’s something you take forever that he can milk rebates for life like anti-depressants, thyroid med, blood pressure, statins, they’re fucking sick and have sold their souls

>> No.30043831

>>30027970
>his pause makes it sound like he just made up a number that he thought would sound big
I noticed this too but listen to him closely. his “over $100k” means $106k. the reason for the pause was he thought he was doing a big reveal, something that would surely awe the audience. I’ve met these people, they’re the kind that if they actually got money would turn more into feminized little kardashian sissies with slow blinks and pinkies out with their Kansas City faggotry on full display

>> No.30043862

>>30036139
just don't close the trade until it turns 1% profit, rather easy for the last 3 months especially if no/low leverage and you mostly long. He will get burned eventually though

>> No.30044006

>>30022921
He is kinda right, if his millions couldn't keep his ass out of jail wtf is a $100,000 realistically going to affect in the real world?

>> No.30044052

>>30037112
tits or gtfo

>> No.30045029

>>30023223
What is crypto ? You had 12 years to buy bitcoin

>> No.30045225

>>30039297
>20 years of investing for a million dollars
Just in time to cover funeral expenses. Nice

>> No.30045858
File: 64 KB, 600x747, 1607913616513.jpg [View same] [iqdb] [saucenao] [google]
30045858

What the fuck is with this thread? I swear I've seen the same responses before on a similar thread before. I knew that 4chan was mostly glowniggers and bots, but this is more than what I expected.

>> No.30046169

>>30024713
1% gains of your initial investment or 1% of the new total (compounded). 1% per day of initial would be 365% eoy, but 1% of new total each day would be about a massive 35x eoy. A 2% gain each day compounded would be a 1350x eoy making you a millionaire in 1 year from a $740 investment

>> No.30046258

>>30022921
He talked about this before he went. He made 100m+ and got 7 years. Pretty decent trade off.

>> No.30046418

My uncle is a doctor and 60% of his yearly take goes to insurance and other bullshit to protect him from malpractice suits. If you are a doctor you will get regularly sued by the plebs you work on.

My father is a builder and has never not been embroiled in legal battles with people he did construction for or his ex employees

>> No.30046437

His point is correct. 100k is not a lot of money and you are not going to get rich by investing it in the stock market.
Also Shrekli is a faggot

>> No.30047011

This is part flex part, good advice. He had been moving millis for people his whole life so he knows how big a return that makes plus he's aware of exposure and the likelyhood of blowing up. Of course biz wont hear it because it's become boomer advice to tell people that not only will a skill (or business) make you more money but also gives you more control over your fate and a reason to wake up.

>> No.30047048

>>30046258
>He made 100m+ and got 7 years. Pretty decent trade off.
>Implying he is going to keep that money

>> No.30047208

>>30046258
Spending 7 years of the best time in your life in prison doesn't sound like a good tradeoff to me, for anything.

After a certain point that money is not going to make that much of a difference. Sure, I'd rather have 100kk than 10kk, but are you really going to miss things worth 7 years of your life?

>> No.30047253

I can and have lived on 50k for 3 years in South East Asia, while keeping a harem of skinny teenagers to creampie.

>> No.30047305

>>30022828
FREE SHKRELI

>> No.30047354

>>30022828
Uhhh whichever works I guess
Dont think too hard about it or stress yourself man

>> No.30047540

>>30022828
Regardless of how blackpilled shkreli was on stocks, he still gave free finance lectures back in the day. Stocks are a thing of the past, it’s all crypto now.

>> No.30047586

>>30023223
Read the millionaire next door
If your brother us wasting time on expensive shit and not investing then hes wasting his time, he has to work harder for depreciating assets and the tax man

>> No.30047620

>>30022828
this is honestly great advice. He is saying most people don't have the work ethic to win in stocks. Invest 100 hours into 1 stock before you even buy it.

>> No.30047723

>>30024304
CUNY is good

>> No.30047807

>>30047723
sure it is. what CUNY closest to your apartment in queens did your parents make you go to?

>> No.30047835

Hello mates, wazzap here?

>Did you see that spam attack on /biz/ today?
These homeless pajeets really trust that smart trader will check their shit
Funny imo
>I never risk today, my assets are on yield farming on yvs finance and I can reinvest any time