Author Topic: Serious stonks strategy talk  (Read 118417 times)

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BrokenVerses

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Re: Serious stonks strategy talk
« Reply #1800 on: January 20, 2023, 03:41:46 PM »
All these tech company layoffs seem coordinated  :tinfoil :info

Big companies that in hindsight massively over-hired doing the COVID tech boom, yeah.

Cauliflower Of Love

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Re: Serious stonks strategy talk
« Reply #1801 on: January 20, 2023, 04:17:16 PM »
Imagine betting against Tesla

Nintex

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Re: Serious stonks strategy talk
« Reply #1802 on: January 20, 2023, 05:52:42 PM »
Imagine betting against Tesla
The richest guy in the world who pioneered internet payments, electric cars, commercial space ventures and provides the Ukrainian army with their only reliable method of communication is stupid and doesn't know what he is doing.

I would refer you to some people who know what they're doing but they've just been fired from their jobs because they didn't meet their weekly clicks quota.
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Tasty

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Re: Serious stonks strategy talk
« Reply #1803 on: January 20, 2023, 10:41:40 PM »
Imagine betting against Tesla

"Imagine betting against Google"


From one fanboy to another, it won't last. It never does.

Cauliflower Of Love

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Re: Serious stonks strategy talk
« Reply #1804 on: January 23, 2023, 09:39:56 AM »
Imagine betting against Tesla

"Imagine betting against Google"


From one fanboy to another, it won't last. It never does.

Google the failure financially.

lol

Tasty

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Re: Serious stonks strategy talk
« Reply #1805 on: January 23, 2023, 12:27:31 PM »
Maybe Facebook would have been the better example, but no one's a fan of Facebook :trumps

Cauliflower Of Love

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Re: Serious stonks strategy talk
« Reply #1806 on: January 23, 2023, 01:13:50 PM »
Maybe Facebook would have been the better example, but no one's a fan of Facebook :trumps

even facebook is a bad example as the wealth it's created is insane.

be better rex

Bebpo

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Re: Serious stonks strategy talk
« Reply #1807 on: January 23, 2023, 03:17:04 PM »
I looked at my pension the other day that I've been investing into for a decade, and it's currently worth 30% less than the money I put in in the first place  :-\

I'm glad I only own a few Tesla stocks. My brother went all in on Tesla and was like 400% up for a while when it was riding high and now that's all gone.

My Nintendo/Sony/MS stocks taking less of a hit than my index fund, Amazon and Tesla. Always bet on videogames in the long run  :)

Tasty

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Re: Serious stonks strategy talk
« Reply #1808 on: January 23, 2023, 03:49:27 PM »

Cauliflower Of Love

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Re: Serious stonks strategy talk
« Reply #1809 on: January 23, 2023, 04:41:22 PM »
I looked at my pension the other day that I've been investing into for a decade, and it's currently worth 30% less than the money I put in in the first place  :-\

I'm glad I only own a few Tesla stocks. My brother went all in on Tesla and was like 400% up for a while when it was riding high and now that's all gone.

My Nintendo/Sony/MS stocks taking less of a hit than my index fund, Amazon and Tesla. Always bet on videogames in the long run  :)

Kinda crazy when people go over 100% and don't cash out their investemtn

james

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Re: Serious stonks strategy talk
« Reply #1810 on: January 23, 2023, 04:44:49 PM »
I bought back into Tesla today on the advice of my COO, Nintex
:O

who is ted danson?

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Re: Serious stonks strategy talk
« Reply #1811 on: January 24, 2023, 01:49:44 AM »
i put all my money into gamestop at $350
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Cauliflower Of Love

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Re: Serious stonks strategy talk
« Reply #1812 on: January 27, 2023, 12:04:03 PM »
tsla

: :lol

wish i had more money to put in early jan

:notlikethis

james

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Re: Serious stonks strategy talk
« Reply #1813 on: January 27, 2023, 12:09:18 PM »
I am now the proud owner of 15 TSLA's

spoiler (click to show/hide)
should have bought in at $105 but I was depressed
[close]
:O

Cauliflower Of Love

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Re: Serious stonks strategy talk
« Reply #1814 on: January 27, 2023, 12:27:47 PM »
Yall have till march to flatten out on tsla 300-400

Free advice

james

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Re: Serious stonks strategy talk
« Reply #1815 on: January 27, 2023, 12:29:07 PM »
Yall have till march to flatten out on tsla 300-400

Free advice

TSLA to $60 by march you heard it here first
:O

Cauliflower Of Love

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Re: Serious stonks strategy talk
« Reply #1816 on: January 27, 2023, 12:33:49 PM »
« Last Edit: January 27, 2023, 02:28:22 PM by Cauliflower Of Love »

Cauliflower Of Love

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Re: Serious stonks strategy talk
« Reply #1817 on: January 27, 2023, 02:27:46 PM »
3:1 split ta 400 within 6 months, ramp back up to 300 by dec.

Skullfuckers Anonymous

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Re: Serious stonks strategy talk
« Reply #1818 on: January 31, 2023, 08:37:31 PM »
https://twitter.com/FoldableHuman/status/1620451426093920258

They never got around to opening the beyond section  :(

who is ted danson?

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Re: Serious stonks strategy talk
« Reply #1819 on: February 01, 2023, 01:46:47 AM »
https://twitter.com/FoldableHuman/status/1620451426093920258

They never got around to opening the beyond section  :(

oh fuck just remembered i had put like $5k into BBBY that i never moved to gamestop  :notlikethis
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Cauliflower Of Love

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Re: Serious stonks strategy talk
« Reply #1820 on: February 01, 2023, 02:51:31 PM »
https://twitter.com/FoldableHuman/status/1620451426093920258

They never got around to opening the beyond section  :(

oh fuck just remembered i had put like $5k into BBBY that i never moved to gamestop  :notlikethis

will buy when its in the clearance section

Cauliflower Of Love

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Re: Serious stonks strategy talk
« Reply #1821 on: February 07, 2023, 11:04:19 AM »
Time to buy BBBY

BIONIC

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Re: Serious stonks strategy talk
« Reply #1822 on: February 07, 2023, 11:09:41 AM »
I’d rather buy BBW :drool

spoiler (click to show/hide)
:aloy
[close]
Margs

james

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Re: Serious stonks strategy talk
« Reply #1823 on: February 07, 2023, 11:24:06 AM »
TSLA back at 194.07

 :doge
:O

Cauliflower Of Love

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Re: Serious stonks strategy talk
« Reply #1824 on: February 07, 2023, 12:56:41 PM »
215 by end of day

Nintex

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Re: Serious stonks strategy talk
« Reply #1825 on: February 07, 2023, 02:02:28 PM »
TSLA back at 194.07

 :doge
I forgot to invest  :existential
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Cauliflower Of Love

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Re: Serious stonks strategy talk
« Reply #1826 on: February 09, 2023, 09:59:11 PM »
Missed 215 by a few days. Damnit. 

Nintex

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Propagandhim

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Re: Serious stonks strategy talk
« Reply #1828 on: March 07, 2023, 10:32:28 AM »
 Series I bonds will climb past 7%   :lawd

james

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Re: Serious stonks strategy talk
« Reply #1829 on: March 10, 2023, 01:30:58 PM »
:O


Nintex

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james

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Re: Serious stonks strategy talk
« Reply #1832 on: March 10, 2023, 03:59:50 PM »
Whats funny is that its basically the opposite of 2008

2008: We're going to go balls deep in the riskiest assets known to man
oops

2023: We're going to go balls deep in the safest assets known the man
oops
:O

Nintex

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Re: Serious stonks strategy talk
« Reply #1833 on: March 10, 2023, 04:58:04 PM »
Whats funny is that its basically the opposite of 2008

2008: We're going to go balls deep in the riskiest assets known to man
oops

2023: We're going to go balls deep in the safest assets known the man
oops
Most European banks are hardly banks and completely useless. After 2008 most of them offer the same government issued and EU regulated mortgage, 0% interest savings account, national index fund or life insurance on a broken ass website because they closed most of their offices while the ECB prints money to wash away the pre-2008 toxic debt with inflation.
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Nintex

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Re: Serious stonks strategy talk
« Reply #1834 on: March 10, 2023, 06:59:03 PM »
https://twitter.com/RyanMaue/status/1634319326202265604

 :lol

Next up: "The [INSERT MINORITY] community is really hit hard by this, plz bail out"
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Nintex

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Re: Serious stonks strategy talk
« Reply #1835 on: March 11, 2023, 08:28:20 PM »
Bailing out the banks is going to do wonders for inflation
https://twitter.com/disclosetv/status/1634716099626381312
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benjipwns

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Re: Serious stonks strategy talk
« Reply #1836 on: March 11, 2023, 11:43:05 PM »
Whats funny is that its basically the opposite of 2008

2008: We're going to go balls deep in the riskiest assets known to man
oops

2023: We're going to go balls deep in the safest assets known the man
oops
How safe can an asset be when the generators of them say they're deliberately going to devalue them for seemingly forever after having already done this for over a decade? This is like the third time in four years the Fed/ECB has seen a market they deliberately fucked with crash. :lol

spoiler (click to show/hide)
I wouldn't be surprised that if like the other ones this is the result of the openly foreseeable consequences of something they did. :kermit
[close]
« Last Edit: March 11, 2023, 11:48:31 PM by benjipwns »

Nintex

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Re: Serious stonks strategy talk
« Reply #1837 on: March 12, 2023, 09:38:05 AM »
« Last Edit: March 12, 2023, 09:44:04 AM by Nintex »
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james

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Re: Serious stonks strategy talk
« Reply #1838 on: March 13, 2023, 10:39:50 AM »
spoiler (click to show/hide)
I wouldn't be surprised that if like the other ones this is the result of the openly foreseeable consequences of something they did. :kermit
[close]

Guess who called it

https://twitter.com/JStein_WaPo/status/1635020457828298752

:bernie :bernie :bernie :bernie :bernie :bernie :bernie :bernie :bernie :bernie


https://twitter.com/SenSanders/status/1635043418761224192
:O

benjipwns

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Re: Serious stonks strategy talk
« Reply #1839 on: March 13, 2023, 12:15:37 PM »
Why did he list a bunch of things that weren't the result of a failure of regulation?

Skullfuckers Anonymous

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benjipwns

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Re: Serious stonks strategy talk
« Reply #1841 on: March 13, 2023, 01:09:10 PM »
https://twitter.com/chimeracoder/status/1635122685729722369

Well, yes, insider trading has been prosecuted for losing trades before, but this isn't insider trading just stupidity. :lol

Nintex

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Re: Serious stonks strategy talk
« Reply #1842 on: March 13, 2023, 06:26:20 PM »
iANAL?

Is that an Apple product I missed?

Also Silicon Valley bank and 'lifehack' bank runs are peak LinkedIn hustle culture.
All we need is to respond with some flames emoji's and meaningless comments like: "@hustlegrindvalley Great stuff!" , "@topgredpilled always FOMO BRO UP 400 MRR!!!", "@mrbusinessgeek Keep building Alex!", "@thot69 Me or a PS5"
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benjipwns

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Re: Serious stonks strategy talk
« Reply #1843 on: March 13, 2023, 08:03:39 PM »
iANAL?

Is that an Apple product I missed?
I Am Not A Lawyer

In case for some reason you think some engineer at Stripe has a law degree related to his hundred tweet thread on banking operation, financial regulation, etc. :lol

Bebpo

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Re: Serious stonks strategy talk
« Reply #1844 on: March 14, 2023, 04:12:20 PM »
So I was investing my yearly pension into a safe ETF/Mutual Fund and looked at my pension account and it's worth -17% less than the cost basis of what I put in/aka if I had just left it all sitting in cash.

Most of this is because the "safe" Mutal Fund I put it into a decade ago and which is 50% of my portfolio has been total shit and is -17% down over the past five years.

Decided to ditch that and changed over to basic boring vanguard VOO Index ETF to put into from now on instead. I only invest like 20k/year into pension because I feel like my chances of living until I get pension money is 50/50, so it's not a huge deal. Even if I retire at 65 (ha ha ha) I'd probably only have enough in my pension to live on for a couple of years max unless I start investing more in.

My dad's almost in his 80s and still works, when you run your own business and don't have a government retirement fund or anything, basically seems like you just keep working until you die. That's what I'm assuming I will do. But it's not like I've got anything better to do during my M-Fs...

benjipwns

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Re: Serious stonks strategy talk
« Reply #1845 on: March 14, 2023, 04:16:23 PM »
There's some that do a split mutual/index fund, though you would have still probably been down on the mutual side. Jerry "Even Steven" Seinfeld probably has a split one that always delivers him exactly 0%. You might want to consider getting out of an ETF form altogether for just a regular one or a mix since ETF's can be more volatile. (I know this now because I read that book.)

Bebpo

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Re: Serious stonks strategy talk
« Reply #1846 on: March 14, 2023, 04:20:40 PM »
Also, just an aside, but I am terrible at investing. Definitely doing the worst out of all my family members, though I also have the lowest cost of living.

Everyone else owned good property prior to the 2020 housing 150% price jump. Plus my other family members have made better investments in things, even just better index funds than the one I was recommending by my financial advisor.

I have zero money in the stock market outside my pension.

My savings basically just sit in cash and get a little bit of interest from online banks. Doesn't even keep up with inflation.

After I buy a house and don't need all my savings liquid I'll at least stick them in a CD or something to get a little better %, but overall I'm just not making any money on money because I am terrible at investing.

Also when I do buy a house now at the absolute top of the market, a lot of my savings will be locked in a house which who knows if it will appreciate much beyond where were at for the forseeable future.

I just suck at this, but luckily I make enough salary that as long as I keep working until I die and business stays constant I'll be fine.

Maybe I'll meet and marry someone someday who is better with their investments than me. So far everyone I date has like $5 in their bank account.

Crash Dummy

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Re: Serious stonks strategy talk
« Reply #1847 on: March 15, 2023, 04:07:13 AM »
vet this with your advisor but why not go for i-series bonds or t-bills? they're yielding something like 9% and 5% respectively, which is pretty good for a virtually risk-free asset right now compared with equities

Nintex

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Re: Serious stonks strategy talk
« Reply #1848 on: March 15, 2023, 06:33:58 AM »
🤴

james

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:O

Propagandhim

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Re: Serious stonks strategy talk
« Reply #1850 on: March 15, 2023, 03:17:39 PM »
Just curious:  Bebpo, did you switch to VOO based on what your financial advisor told you?  Did they give you a reason why?  Also, he or she must have advised you not to hold cash in a savings account, too.  No?


Propagandhim

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Re: Serious stonks strategy talk
« Reply #1851 on: March 15, 2023, 03:29:19 PM »



This guy has some good content

Bebpo

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Re: Serious stonks strategy talk
« Reply #1852 on: March 15, 2023, 04:23:46 PM »
Just curious:  Bebpo, did you switch to VOO based on what your financial advisor told you?  Did they give you a reason why?  Also, he or she must have advised you not to hold cash in a savings account, too.  No?

No, I switched to VOO after reading some financial websites talking about the ten best and most stable index ETFs/MFs in 2023. It's also rated like #2 on my financial institutes ranking whereas the other MF I'm in is rated something like #122.

I don't have a financial advisor currently. I had one initially who recommended the MF which was good back then. I keep cash in a savings account because I've needed it liquid for the last bunch of years as I've been looking for a house since it's my down payment money.

vet this with your advisor but why not go for i-series bonds or t-bills? they're yielding something like 9% and 5% respectively, which is pretty good for a virtually risk-free asset right now compared with equities

I don't know what these are. I'm tbh not very sophisticated in stock market stuff. I have a very small amount of bonds and an account manager who manages them for me and calls me up to buy stuff when he sees good deals.

Propagandhim

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Re: Serious stonks strategy talk
« Reply #1853 on: March 15, 2023, 05:23:16 PM »
Got it.  A financial advisor might help you figure out if ETFs are better for you, tax-wise, than mutual funds based on what your finances look like.  Mutual funds are actively managed and ETFs are more passive, so the former tend to have higher fees and expense ratios associated with them, but better downside risk protection (I know you lost money these past 2 years, but it could have been worse given the circumstances).  ETFs tend to be more tax efficient and lower expense ratios because they don't offer as many shareholder services.  Alot of this shit is tailored to your individual condition, which is why you'd go to an advisor.  I can't really tell you what to do with your money because everything carries risk, bu I think your choice of the VOO is fine.   

Quote
I don't know what these are. I'm tbh not very sophisticated in stock market stuff. I have a very small amount of bonds and an account manager who manages them for me and calls me up to buy stuff when he sees good deals.

Yeah, so just the very basic shit: A bond is just an instrument that represents a loan made by an investor (you) to a borrower (with i-bonds, it's the gov't).  You're lending money to the gov't, and receive money when it matures after a period of time, at a fixed interest rate.    I-Bonds use a more variable rate:  they are issued specifically as protection against the inflation rate, determined to pay out based on the interest rate which serves as a protection against it - which is why the Fed raises rates to encourage people to buy-in, reducing the money supply to lower inflation.  They're considered safe investments because they're low risk - at the end of the maturity period, they simply pay out.  I-bonds are a type of bond that earns interest based on a semi-annual inflation rate based on changes in the consumer-price index - so it combines two different rates: a fixed rate and an inflation rate.  They're meant to give investors a return and plus protection from inflation.  i-bonds are considered very low-risk, largely because they can never decrease in value like treasury bonds, corporate bonds or stocks. The trade-off is that i-bonds also won’t pay out interest as income, but rather, the interest is added to the principal( the amount of money you invest in the bond).  Twice a year, all the interest the bond earned in the previous 6 months is added to the principal value of the bond. That gives the bond the i-bond a new value (old value + interest earned).  The i-bond rate is very high right now, so it's a safe investment but you must hold them for at least a year, and, if you decide to redeem them before five years have passed, you forfeit the previous three months’ worth of interest..  If you're sitting on money you're not using, and you don't want to risk anything, it's a good bet.  Again, a financial advisor would help you figure out whats best for you.
« Last Edit: March 15, 2023, 05:40:52 PM by Propagandhim »

james

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Re: Serious stonks strategy talk
« Reply #1854 on: March 16, 2023, 03:28:41 PM »
:O

benjipwns

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Re: Serious stonks strategy talk
« Reply #1855 on: March 16, 2023, 03:38:30 PM »
Look, at a certain point you just have to start doing all the crimes in the time you have left.

Propagandhim

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Re: Serious stonks strategy talk
« Reply #1856 on: March 16, 2023, 03:58:25 PM »
The altruism is very effective

Nintex

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Re: Serious stonks strategy talk
« Reply #1857 on: March 16, 2023, 04:21:02 PM »
He tried to get their money back by investing it in a great new opportunity that couldn't possibly fail.
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benjipwns

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Re: Serious stonks strategy talk
« Reply #1858 on: March 16, 2023, 04:25:22 PM »
The altruism is very effective
Are you suggesting that the most effective place to put money is not with a guy who suddenly found $2.2 billion to use? Every dollar he left in the customer accounts was a dollar wasted rather than being maximized effectively.

who is ted danson?

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