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re: What happened to the old timey Money Talk posters?
Posted on 11/30/21 at 10:01 am to Pendulum
Posted on 11/30/21 at 10:01 am to Pendulum
quote:
Go back to 2010-2019 and you'll see etf threads at the top of the page and such. It was the gold standard advice to newbies..now it's Shiba unu and gme and stuff like that. And people are actually rewarded for that crap if they having lucky timing.
It's the difference in investing and speculating.
2
Posted on 11/30/21 at 10:15 am to LSUFanHouston
quote:
GameStop-ish threads
Bro I tried to get y’all in at 8 and y’all made fun of me
Posted on 11/30/21 at 10:28 am to Pendulum
quote:
etf
Aren’t going anywhere. They’re going to always be a stable and viable fund for anyone’s portfolio.
Posted on 11/30/21 at 10:35 am to lynxcat
quote:
It's the difference in investing and speculating.
cope
Posted on 11/30/21 at 11:19 am to rocket31
quote:
rocket31
Your schtick is overplayed. I'm supportive of crypto and have been following it since the Wiki days.
Crypto and traditional investment assets live together. One doesn't replace the other. Crypto is another asset class that enters the financial planning equation. Lower correlation to other assets also creates a nice way to take on increased risk in a portfolio.
I don't personally find much interest in stock picking, especially speculation around meme stocks or crypto. My interest has always been in the path of financial discipline.
Posted on 11/30/21 at 1:15 pm to lynxcat
quote:
It's the difference in investing and speculating.
Basically... Will be interesting as the trends reverse over time if new investors that get burned will be the new generation that says the market is fixed against them.
Funny for a little while everyone was all in on ark funds etc. People even investing their whole portfolio. Now this board says she is a moron whenever ark funds are brought up.
Gamestop has been dead money, and everyone shifted to crypto. It is an endless cycle.
Posted on 11/30/21 at 1:23 pm to Pendulum
quote:
This video is half the posters here now. It cracks me up.
You know who that guy is right? Mark Minervini…
A successful trader blowing all his competition out of the water in the United States Investing Championship.
“The leader in the $1,000,000+ stock division after six months is Mark Minervini, + 223.4%. Mr. Minervini is the author of two best-selling trading books, Trade Like a Stock Market Wizard and Think & Trade Like a Champion. He also finished first in the United States Investing Championship in 1997. “
Boohoo if he doesn’t care about fundamentals.
And just in case you’re wondering, yes I’m Mark Minervini
This post was edited on 11/30/21 at 1:24 pm
Posted on 11/30/21 at 8:19 pm to iPadThai
Ancient Tiger??????
Posted on 11/30/21 at 11:19 pm to nolaks
quote:
dabigfella
Ah forgot about him! His pumping of the Phillip Morris stock because he sold a lot cigarettes at his gas station franchises and also because most Chinese people in mainland China apparently smoke a lot was as good an investment thesis as any I have seen on this board. He also loved Visa if I remember correctly and he wasn't wrong about that. He was also a fan of dividends. BTW did he ever end up buying his Tesla that he kept mentioning so often?
Posted on 12/1/21 at 1:32 pm to iPadThai
quote:
BTW did he ever end up buying his Tesla that he kept mentioning so often?
The last car I remember him whinging about was the Bentley (or was it a Rolls?) that he couldn’t get the title for. Sounded like a dealer had hoo-dooed him. Maybe like a CNC Motors situation, if anyone here is familiar with that sad saga.
Interesting character, but he was pretty full of himself.
Posted on 12/1/21 at 2:07 pm to Jag_Warrior
quote:
The last car I remember him whinging about was the Bentley (or was it a Rolls?)
He leased a Rolls.
Posted on 12/1/21 at 7:24 pm to TDTOM
You have a good memory. Ah yeah, that’s what it was. To each his own, but the dude was eaten up with conspicuous consumption. I used to have that same disease, but I grew out of it.
I basically stopped paying him any mind after he claimed to have done all this fundamental analysis on TSLA, and had it as a long term investment hold. But then he announced that he had sold his entire position because the RSI (a technical analysis TRADING indicator) flashed overbought.
But yeah, he was an entertaining character.
I basically stopped paying him any mind after he claimed to have done all this fundamental analysis on TSLA, and had it as a long term investment hold. But then he announced that he had sold his entire position because the RSI (a technical analysis TRADING indicator) flashed overbought.
But yeah, he was an entertaining character.
Posted on 12/1/21 at 10:31 pm to nolaks
quote:
i just want dabigfella to post
you miss the e-dick measuring contests?
Posted on 12/1/21 at 10:39 pm to Jag_Warrior
quote:
To each his own, but the dude was eaten up with conspicuous consumption. I used to have that same disease, but I grew out of it.
I could be wrong but I think he was a first or second generation Eastern European immigrant just happy as frick to be making money in America however he could. His exuberance could overflow into douchey, but I always tried to remember where he came from and how excited he was for the social and financial mobility possible here in America
This post was edited on 12/1/21 at 10:40 pm
Posted on 12/1/21 at 10:51 pm to boosiebadazz
With some of his over the top posts, he reminded me of the Jamie Farr character from Cannonball Run. I never knew the complete or actual story about him. I struggle to remember, but didn’t he inherit his gas stations from a relative? And there’s no shame in that. But some have to learn the hard way (I did) that your worth is about more than how many commas are in your net worth. It took me a long while to shed my 80s mentality.
I didn’t dislike him or anything. I just stopped paying much attention to him.
I didn’t dislike him or anything. I just stopped paying much attention to him.
Posted on 12/1/21 at 11:06 pm to Jag_Warrior
He was a jerk.
Posted on 12/1/21 at 11:51 pm to Paul Allen
Bring back the penny stock thread from years ago. There was some good intel in that thread
Posted on 12/2/21 at 10:06 am to Jag_Warrior
quote:
but didn’t he inherit his gas stations from a relative?
His uncle.
Posted on 12/3/21 at 12:40 pm to el Gaucho
quote:
Will post on the “whsillionaire” board
The non whsi holders will be posting on the “no money” board
What's going on with this one today?
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