17 ms·

There’s moments like this that I wish I was savvy enough to short some Apple stocks before the verdict. I suppose you could even use the windfall to buy more sh

There’s moments like this that I wish I was savvy enough to short some Apple stocks before the verdict. I suppose you could even use the windfall to buy more shares before the stock price recovered too!

CheezeIt 5y ago
There’s no shortage of future opportunities to make money by being savvy, if you’re willing to buy in and get your feet wet. Keep your eyes open.
murgindrag 5y ago
My general take is that it's not worth it. Professional traders will beat you to it, and you're looking at maybe a 1% drop. * If it goes up, you lose money. * If it goes down, and you have $100k invested, you make $1k. $1k is 3 hours consulting time for a SWE. It seems easier to find consulting gigs and consult for 3 hours than to play the market. Unless I have specialized knowledge on a particular industry beyond what pros do, I'm index funds, all the way. Those annual gains are helpful. Micromanagement pays less than a typical salary, or investing in up-skilling.
- johnsimer 5y ago
  There are plenty of ways for your gains to be X multiple of the % change in the underlying stock
- CheezeIt 5y ago
  You often do have specialized knowledge. Possible past examples: 1. Buying puts before the coming stock market crash back in January 2020. 2. Buying calls in WDC and STX after reading on HN about Chia Coin and hard drive prices, in early May, if you weren’t already aware in April. It was not a sure thing because prices move for other reasons, but a very very positive EV, and a great diversification of a crypto position.
  - hakfoo 5y ago
    I've rode a few hundred dollars investment in AMD for over a decade, and it would now buy a servicable used car. The primary logic was "they're too important from a regulation perspective to fail." Even at the worst days of buggy original-stepping Phenoms and sort-of-eight-core Bulldozer chips, the day AMD shuts down is the day every anti-trust regulator in the universe comes tumbling down on Intel. I suspect it's still a viable theory even today; I can't really imagine Intel being willing to argue in court that the real competition for the future of desktop and bigger computing is things like RISC-V and ARM parts, products they have a history of not competing with effectively.
- deleted 5y ago
  [deleted]

CheezeIt 5y ago

There’s no shortage of future opportunities to make money by being savvy, if you’re willing to buy in and get your feet wet. Keep your eyes open.

murgindrag 5y ago

My general take is that it's not worth it. Professional traders will beat you to it, and you're looking at maybe a 1% drop. * If it goes up, you lose money. * If it goes down, and you have $100k invested, you make $1k. $1k is 3 hours consulting time for a SWE. It seems easier to find consulting gigs and consult for 3 hours than to play the market. Unless I have specialized knowledge on a particular industry beyond what pros do, I'm index funds, all the way. Those annual gains are helpful. Micromanagement pays less than a typical salary, or investing in up-skilling.

johnsimer 5y ago
There are plenty of ways for your gains to be X multiple of the % change in the underlying stock
CheezeIt 5y ago
You often do have specialized knowledge. Possible past examples: 1. Buying puts before the coming stock market crash back in January 2020. 2. Buying calls in WDC and STX after reading on HN about Chia Coin and hard drive prices, in early May, if you weren’t already aware in April. It was not a sure thing because prices move for other reasons, but a very very positive EV, and a great diversification of a crypto position.
- hakfoo 5y ago
  I've rode a few hundred dollars investment in AMD for over a decade, and it would now buy a servicable used car. The primary logic was "they're too important from a regulation perspective to fail." Even at the worst days of buggy original-stepping Phenoms and sort-of-eight-core Bulldozer chips, the day AMD shuts down is the day every anti-trust regulator in the universe comes tumbling down on Intel. I suspect it's still a viable theory even today; I can't really imagine Intel being willing to argue in court that the real competition for the future of desktop and bigger computing is things like RISC-V and ARM parts, products they have a history of not competing with effectively.
deleted 5y ago
[deleted]