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The signal to noise ratio is difficult but now and then a factoid pops up - like the amount of retail investors piling in recently. It aligns with messaging in

The signal to noise ratio is difficult but now and then a factoid pops up - like the amount of retail investors piling in recently. It aligns with messaging in other forms of media that they, well, only use as indicators and frequently don’t take seriously. I’m using it often as a useful tool for counter-balancing my long term plans with the impatient gambling mentality which feeds the machine there. I learned my lesson ages ago from ZeroHedge about being overly bearish and things didn’t play out, so WSB is helpful in my situation because in principle I agree with the market is distorted assertion but believe the collapse will manifest months from now and this is a sucker’s market. Q2 earnings calls are going to be telling.

scoofy 1y ago
I don’t think any collapse is coming. I just think the risk profile doesn’t justify many of my smaller cap investments, and where I am in life.
inamorty 1y ago
A factoid is something that is masquerading as a fact, not a small fact.
- irthomasthomas 1y ago
  Indeed, the suffix '-oid,' when appended to nominal stems, frequently functions as a significant etymological marker, often denoting mere semblance, superficial imitation, or, with particular pertinence to the present deliberation, an inherent spuriousness or ersatz quality. Accordingly, the primordial definition of 'factoid'—a term whose coinage is frequently attributed to Norman Mailer—designates an item of information presented as if it were an established fact but which is, in reality, unverified or demonstrably fallacious, yet achieves widespread acceptance as truth through its persistent promulgation, especially within journalistic or mass media contexts. The subsequent, more contemporary construal of 'factoid' as merely signifying a 'trivial' or 'minor piece of information' represents a notable semantic deviation, a misconception whose widespread dissemination has been paradoxically facilitated by the very media channels implicated in the term's original, pejorative sense. Ergo, in a compelling instance of recursive irony, this now prevalent, albeit technically inaccurate, understanding of 'factoid' (as a diminutive datum) has itself metamorphosed into a quintessential exemplar of a 'factoid' according to its original definition: an unsubstantiated assertion that has gained popular currency through sustained, uncritical repetition.

scoofy 1y ago

I don’t think any collapse is coming. I just think the risk profile doesn’t justify many of my smaller cap investments, and where I am in life.

inamorty 1y ago

A factoid is something that is masquerading as a fact, not a small fact.

irthomasthomas 1y ago
Indeed, the suffix '-oid,' when appended to nominal stems, frequently functions as a significant etymological marker, often denoting mere semblance, superficial imitation, or, with particular pertinence to the present deliberation, an inherent spuriousness or ersatz quality. Accordingly, the primordial definition of 'factoid'—a term whose coinage is frequently attributed to Norman Mailer—designates an item of information presented as if it were an established fact but which is, in reality, unverified or demonstrably fallacious, yet achieves widespread acceptance as truth through its persistent promulgation, especially within journalistic or mass media contexts. The subsequent, more contemporary construal of 'factoid' as merely signifying a 'trivial' or 'minor piece of information' represents a notable semantic deviation, a misconception whose widespread dissemination has been paradoxically facilitated by the very media channels implicated in the term's original, pejorative sense. Ergo, in a compelling instance of recursive irony, this now prevalent, albeit technically inaccurate, understanding of 'factoid' (as a diminutive datum) has itself metamorphosed into a quintessential exemplar of a 'factoid' according to its original definition: an unsubstantiated assertion that has gained popular currency through sustained, uncritical repetition.