3 ms·
Everybody made huge stock gains in the last year, it was hard work to fuck up in that market. It's not a hint for inside knowledge if you ask me and not a guara
by Cryptonic 5y ago
Everybody made huge stock gains in the last year, it was hard work to fuck up in that market. It's not a hint for inside knowledge if you ask me and not a guarantee for future gains to follow another ones portfolio.
- babesh 5y agoYou must not remember those Congress people who traded in stocks after COVID-19 briefings. Wonder if you find that ok. https://en.m.wikipedia.org/wiki/2020_congressional_insider_trading_scandal https://en.m.wikipedia.org/wiki/2020_congressional_insider_t...
- mountainb 5y agoThis is also a more succinct explanation for a lot of policy 'decisions' based on 'science' which are better explained by grift. "Professional association of embezzlers and frauds makes rules to maximize their loot... news at 5."
- Cryptonic 5y agoI know. It's not ok. I'm not saying that having insights like that not giving an unfair advantage. Actually in my oppinion it's inside trading and and I cannot understand why there have been no consequences. But I was only referring to the last year (12 month). My personal portfolio had about 40% drawdown March and April 2020. It's back up 110%+ of pre corvid since then. And I have no insight knowledge at all, just a few tech stock picks (thank you Tesla and Google) and a foundation of MSCI World ESG ETF... crazy times. Fun fact, I even managed to loose some Money with GameStop and AMC, so I'm really bad at it.
- 10x-dev 5y agoI sold AMZN at 2400 and didn't look at it for a while...
- paulpauper 5y agodman that sucks. the #1 rule of amazon stock is to never sell.
- dehrmann 5y ago> it was hard work to fuck up in that market It was actually pretty easy. Just sell after it dropped 15% and then wait for it to drop another 10%.