My ‘takes’ have a pretty good track record

Oh sure. The USD has done terribly over the last five years. That’s why it’s trading at parity with the Euro and at a high water mark against the Yen.

You’re a hypocrite

How do liberals use this word so much and never bother to learn what it means?

Americans threw Eugene Debbs in jail for protesting WW1. Americans unleashed the national guard on college campuses at Columbia and Kent State and on anti-homeless activists in Chicago and police reformer in Baltimore and Ferguson and now LA and New Orleans, in an endless war on anyone that even smelled slightly of whatever we’re defining as Marxist of late. These are people who spend God only knows how much money and manpower to put a surveillance dragnet around The Quackers, while screaming from the pulpit about how there’s no such thing as religious freedom anymore.

Even if we completely rebranded socialism you’d make it your mission to add the Soviet imagery back in and remind everyone of it.

They brand Donald Trump as a Soviet Socialist. It’s utterly divorced from reality.

Those are the nets I think of when i think of their production.

It’s weird how liberals will insist “one county, two systems” is a fiction, then point to a glaring example of Hong Kong labor policy and blame Beijing.

Nevermind the fact that you’re describing Foxcon, a Taiwanese company focused on manufacturing for American and Japanese electronics distributed into Western markets.

That’s the evil Chinese Communism you’re complaining about. No word on when Americans plan to sanction Foxcon for these abhorrent labor practices.

President Xi, Liberate My People

#SOSTEXAS

drop all the soviet imagery

if people want communism

Tell you what, we’ll stop venerating Actual Existing Socialists when you guys quit dry humping plantation owners and genocidal war mongers.

Get Jefferson of the $20 and I promise never to quote Stalin again.

Yep, dollar’s dying.

My God, these are some takes

Gold’s gone up more than the stock market has, in his term so far.

:-/

That’s a lot of hedging

YMMV. Some of the pop ups like to make the “Reject” button difficult to find.

I’ll have to give this a shot. Thanks for the link!

It’s the funds behind it that are trading daily.

$33M/day is an enormous churn, even for a big pension fund. Again, I’d like to see where you’re finding these numbers. The NYSE trades $18.9B/day across a pool of $52T in asset value. By proportion, you’re talking about a fund with a $90B market cap showing that kind of activity.

They rebalance continuously.

On the margins. You’re not seeing the whole portfolio turn over day by day.

Even if they waited it wouldn’t matter .001% of $1 billion a month is the same as .001% of $333m daily.

Which 401k is flipping $333M of balance sheet every day?

Also, how many days do you think are in a month?

Your 401k is bled a fraction of a percent every day by hfts

Every month, maybe. These big portfolio funds aren’t rebalancing at that frequency or scale. They’re relatively static and conservatively positioned.

I hope your 401K is diversified

When the MAG7 makes up half the S&P 500, its hard to get away from. Even if you somehow manage to avoid holding a big tech company (or a company that’s predicated on the spending of a Big Tech company), a downturn will force cascading sell-offs.

Thriving. The Trump Era has been gangbusters for crypto, as he’s made all sorts of crazy promises about building a federally financed coin reserve and stuffing it with digital crap.

Even if Nvidia stocks crash, they will recover.

NVIDIA is up 1500% in two years, with a p/e ratio of 56 in a market that’s absolutely ravenous for semiconductors. The idea that the demand for semiconductors can flatline as data center production stales and NVIDIA’s valuation will just rebound to its current high is… well, it’s highly speculative what NVIDIA is going to do, but I wouldn’t bank on the current status quo.

If nothing else, it’s a stock that can safely be described as “overvalued”. Selling now isn’t a bad idea.

• Peter Thiel sells his Tesla stake

• Telsa price goes up

Lolz. Lmao even.

Personally I went into Gold for long term ROI

:-/

That’s certainly a strategy.

That said, I was in the Industries that got hit hardest in the latest 2 major crashes (Tech in 2000, Finance in 2008) - to the point of being with Lehman Brothers in 2008 when they went bankrupt - as well as in Britain when they voted to Brexit (which tanked the pound, something which, by the way, this strategy protected me against), plus being in the Finance Industry is a bit like working in a sausage-making factory (once you see how sausages are made, you never want to eat one again) so I have a good excuse for having a “trust nothing” ultra-conservative savings protection strategy 🤪

I’ll say that I was working O&G in 2020 when the spot price of a barrel went negative. My own firm dropped in price from mid double digits to single digits, and I bought every share I could get my hands on, knowing they could liquidate tomorrow for multiple of their market cap.

If you’re that much of an insider, I can’t imagine why you’d bother being conservative. Seems like you’ve got a ton of valuable info to trade against.

If I can just find a way to pay off my credit card with my Klarna and my Klarna with my credit card, I believe I’ll be qualified as a Silicon Valley Bank.

The system is rigged and has been rigged like this

It’s rigged against day traders. But you can still get by just fine as a value or growth style investor who is seeking long term ROI. You’re just a sucker if you think you can outplay the machines minute-by-minute.

PS: The book “Flash Boys” is a great reading about HFT.

Michael Lewis was the GOAT back then. Shame he parlayed his fame into FTX infamy.