5 ms·

Also check out r/investing or r/wallstreetbets, lots of free opinions on what's happening in the world.

• HenryKissinger 6y ago
  > check out ... r/wallstreetbets Don't. At least not for anything other than the memes.
  • ixvvqktiwl 6y ago
    Honestly I think the average IQ on WSB is pretty high, you just have to learn to sift through the junk. There are plenty of gold nuggets to be found. Also the memes are great. What's the point in life if you aren't having fun?
    • ashtonkem 6y ago
      That sub is for the lulz; it’s not a serious analysis of the market. The best description I’ve heard of it was “a jackass for finance, made all the funnier because you realize that people actually got hurt”
      • HenryKissinger 6y ago
        4chan with a Bloomberg terminal.
    • hoka-one-one 6y ago
      IQ has inherently racist origins...I think as a society we'd do better to remove it from our lexicon, as it's simply racialist pseudoscience meant to preserve the status quo.
      • danieltillett 6y ago
        Can we please have one discussion that isn’t about race.
        • deleted 6y ago
          [deleted]
      • lipstone 6y ago
        Lol, I suggest you don't visit WSB.
        • deleted 6y ago
          [deleted]
  • acwan93 6y ago
    Serious question: does anyone know when/why that subreddit became what is is today? I used to follow it in the early 2010s and it actually provided some reasonable insights.
    • joshmn 6y ago
      I can tell you for sure that Robinhood hasn't contributed positively the quality of content.
      • ForHackernews 6y ago
        I have to beg to differ. The Robinhood "infinite money cheat code" was WSB's finest hour.
        • OGWhales 6y ago
          “It literally can’t go tits up”
        • StavrosK 6y ago
          What was that, for those of us out of the loop?
          • 0xcde4c3db 6y ago
            I don't remember (and maybe never read) the exact details, but as I recall it wasn't so much "infinite money" as "infinite leverage". You could somehow buy assets leveraged, then make the system "forget" that those assets were already leveraged, so it lets you leverage them again to buy something else.
          • ForHackernews 6y ago
            Decent article here: https://banyanhill.com/robinhood-infinite-leverage-money-cheat-code/ https://banyanhill.com/robinhood-infinite-leverage-money-che... Amusing video here: https://www.youtube.com/watch?v=qKXrVriacUM https://www.youtube.com/watch?v=qKXrVriacUM
• stopping 6y ago
  There may be lots of free opinions, but I don't believe they have much value to the novice investor. I'll admit there are some hidden gems, but separating the wheat from the chaff requires more insight than these subreddits provide on average.
• StavrosK 6y ago
  They're free and worth every penny.