• @[email protected]
    link
    fedilink
    English
    11
    edit-2
    2 days ago

    Buying at the all time peak is ALWAY a stupid buy

    If you bought NVIDIA at $43/share on September 1, 2023 you were an absolute dipshit.

    If you bought Palantir at $35/share on January 29, 2021 you were a total moron.

    Meanwhile, Bear Stearns at $60 in March of 2008? A fucking steal. Buy! Buy! Buy!

    Like playing the slot machines hoping for a jackpot.

    I always read the prospectus on a slot machine before I put money in. Strangely enough the p/e on these things is amazing, but I never make any money on my trades.

          • JackbyDev
            link
            fedilink
            English
            22 days ago

            Please show me the prospectus that slot machines have. Using a term associated with legitimate investing is why it’s humorous.

            • @[email protected]
              link
              fedilink
              22 days ago

              If they were sarcastic they should amend with the /s

              You dont get to be treated respectfully when spewing stupid bullshit because the whole world is filled with stupid bullshit and you’re adding fuel to the fire.

              • JackbyDev
                link
                fedilink
                English
                22 days ago

                I don’t think someone saying they check the prospectus of a slot machine is spreading stupid bullshit, they’re making a joke. It’s okay if you didn’t get it. There’s no reason to be defensive or get upset.

    • Case
      link
      fedilink
      22 days ago

      I’m curious as to how much casino’s rig their shit.

      MIL is a gambler, a bad one too. I don’t think numbers will help her, but my wife could use them to try to dissuade her mother. At least, deter. Damage control.

      Do you have any documentation?