re: Woof....worst day in a long time....

Damn boomers. /s

Not much of a bounce for me at least today....up less than 2% on IRA and down about 1/5% on brokerage due to NBIS pooping the bed.

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It’s not a great thing for the markets in general.

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I’m speaking from an individual investor’s viewpoint, not from the viewpoint of a business trying to raise capital or manage operations.

Yes, volatility creates uncertainty, risk, and friction for the average participant. But that doesn’t make volatility inherently bad. Volatility is harmful to the unprepared and useful to the prepared.

For someone with cash, discipline, a long horizon, and a system designed to exploit price swings, volatility can be a benefit rather than a problem. The key issue isn’t volatility itself; it’s whether the investor has enough reserve capacity and discipline to survive the downside without becoming a forced seller.

You’re moving the goalposts.

I didn’t claim to be a market-beating hero, and I didn’t say volatility guarantees outperformance. I said volatility is not inherently bad for an individual investor who has cash, discipline, time, and reserve capacity.

That’s not a “receipts” claim. It’s basic market mechanics. Volatility punishes forced sellers and creates opportunity for investors who can buy, rebalance, or hold through dislocation.

If your point is that most people lack the discipline to benefit from it, then we agree. But that’s an argument about investor behavior, not an argument that volatility itself is bad.

EDIT: BTW, I'm not insensitive to your newly injected thought and am halfway through "The Missing Billionaires" by Haghani and White. So far it's mainly about mathematically sizing the risk so the volatility does not overwhelm the expected edge. I am currently reviewing the way I invest against their framework to determine if my rules-based system sizes the bet well enough to justify the volatility, drawdowns, path dependency, taxes, spending needs, and behavioral difficulty. I know it already checks most of these boxes -- the main one is the sizing of the investments as I dynamically change them.

So I think we’re talking about two different things: volatility as a symptom of market stress versus volatility as a source of opportunity for prepared capital.

Y’all talk about the stock market as if it’s some benevolent god instead of what it really is: a pressure relief valve for the elites allowing them to debase the currency without personally suffering

Goldman sach pump and dump.

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Y’all talk about the stock market as if it’s some benevolent god instead of what it really is: a pressure relief valve for the elites allowing them to debase the currency without personally suffering

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You know what the best hedge against inflation is? Being in the stock market.

I'm sorry you feel so weak and helpless, but there is no issue in today's world that cannot be overcome to be successful. You can do something about it other than whine, which is the only thing I've ever seen from you. Anytime I see your name I know what you're going to say before you say it. Get your head straight and stop blaming other people, THE MAN, and the elites. There's plenty of prosperity out there. Go get some.

Otherwise, go to a different board to complain about your life. Get a job and save. The people on this board will help you get on the right track. If you're on this track already, then give it time. Most of your gains don't come until you've been doing it for decades and compounding interest takes over.

Royalwe… its el gaucho’s thing. He’s not serious. Not funny.. but not serious

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Y’all talk about the stock market as if it’s some benevolent god instead of what it really is: a pressure relief valve for the elites allowing them to debase the currency without personally sufferin

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Who dat stock market is?

Households, retirement accounts, mutual funds and ETFs, pensions, insurers, foreign investors, sovereign funds, hedge fund and trading firms…

I called each of them. None of them are out to get you. Except a household guy named Louie. Said you never returned his 9/16” wrench that one time. Still pissed.

Life done to you mindset…Louie and El Gaucho. Can be better.