Been a rough year to be rational minded. As a ded bear I’m hoping to find some rich bull’s house to lay my pelt in front of the fireplace until reason reigns again.

You are correct that it is anonymous but only in small sums. You can’t make any large purchases like a house using cash and any transaction above $10k goes on record etc. So I would say cash imparts partial anonymity or it’s utility as an anonymous currency is limited.

I have respect for people that post their mistakes. Every single one of us that are actually trading have some losses/have made mistakes. I hope it’s a learning experience for you and the next ones go your way.

Prices for the consumer will not fall unless the economy enters a deflationary phase which economists tend to view as negative.

Consider an example. Back in or after the GFC oil spiked higher and airlines added fees that were implemented so they could “survive.” All those fees are still being charged today (baggage fees, etc) to my knowledge. Once an industry manages to condition consumers to certain fees, price points, etc they will not roll those changes back until forced to by market conditions or regulation.

Take that stupid shit out of this sub. I’m sure there is a sub that would love to hear you reee about politics, this isn’t it.

WSB 2022: “Transitory? Powel’s job should be transitory. Of course we have inflation m1 went up 8464538265% in one hour!”

WSB 2023 YTD: “Inflation is dead, we have a no-landing scenario here.” “Soft-landing confirmed (various clownass Uber bullish noises) TSLA to 500 by EOY.

The Fed and every reasonable economist out there knows damn well only a recession gets us where we need to be. But then again maybe we can just have an 80 year bull market and the labor market won’t crack for the first time in recorded human history right?

Fairytales are just stories, they can’t hurt us in real life.

This depends entirely on the market environment we are in as well as a few other factors. In today’s market you are 100% correct and that phenomenon SHOULD continue to become more apparent if the market is functioning appropriately.

However in a 0% rate market then buying as much growth as possible is the way to go. Look at the money made in TSLA (previous to profitability), Affirm, Zoom, etc. These firms can always borrow against or issue shares as long as growth metrics continue to look good.

In today’s market I can get 5% plus risk free - for me to take risk I will need to see an incredibly compelling opportunity. This is the issue markets face today that they haven’t in ~20 years.

The CEO said AI like 10 times so I’m sure it will go straight to 230 tomorrow. Who cares about silly things like revenues shrinking, FCF decreasing when they delivered big time on buzz words! These equity valuations just keep getting more regarded.

It’s not political, it’s part of the ongoing bear joke here on WSB.

Elon with the 8D chess moves. When demand is SO high you cut prices for even more demand. Who believes this nonsense?

That’s an improvement over where I live where people just sneer in its general direction.

Chanos said today he thinks they don’t have enough cash to finish out the year.

ETA: I’m a regarded degenerate that can’t tell one plant based “meat” product business with a hyperbolic name from the other one.

Yeah because a price war is so bullish. Chanos is still way up on his short.

Everyone (retail) is loaded up on TSLA so prepare for lots of irrational and unhinged responses.

I agree it corrects soon.

Only down 50% on the year still. What an amazing investment!

It’s up one day - that makes it “zero risk?” You are a 🤡

Post your YTD gains Mr Buffet and impress us all.

Zero risk? You aren’t going to convince anyone by making hyperbolic claims like that. You can believe in the firm or your investing thesis but “zero risk” is at best willfully ignorant and at worst intentionally dishonest.

You are blowing off every geopolitical concern as if those outcomes are so unlikely they shouldn’t be considered. Xi has already made some decisions that even last year people would have considered very unlikely as well. The world is changing and the geopolitical risks are very real.

I remember everyone saying in January that Russia wouldn’t invade Ukraine.

“Better to remain silent and be thought a fool than to speak out and remove all doubt.”

Well played Queso. Now you can afford some chips and upgrade to Nacho_Trades.

As an inflationary factor, oil is about as significant as they come. In terms of the inflation issue in the US right now specifically tho I believe the Fed is focused on services and jobs - especially jobs.

Except when you own puts exercising them decreases your stock ownership. I have exercised MANY puts in my life and never once has it resulted in me owning shares of the underlying stock.

I’m sorry man but this doesn’t make sense to me. The put gives you the right to “put” 100 shares to someone not own them. How about a screenshot of the trades?

GTFO with this nonsense. You want fake? How about all the empty buildings built to prop up Chinese economy? The US has been and still is the largest economy in the world. Until that changes you can reeee all you want but no one is listening.

Agreed. I wouldn’t trust me with numbers. Well with anything really.

I believe he will be Hawkish AF but we still get .75bps hike. The real question will be if the market believes him or if like in June when he comes out saying hawkish shit the market yawns and buys the dip harder. Jpow speech days were some of the biggest greenest dildos all year up until Jackson Hole.