dkrich

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151.
by dkrich 4y ago
Conceptually Apple has to create the illusion that these devices are dissimilar enough to justify shelling out thousands for both. But at the end of the day (in my experience), users fall into one of two buckets- primary use case is product
152.
by dkrich 4y ago
Anecdotally the other streaming services have good stuff from time to time, but behaviorally they simply don’t compare to Netflix. My wife and I spend probably 80% our streaming time in Netflix just out of habit and the sheer amount of cont
153.
by dkrich 5y ago
The significance of this is greatly exaggerated imo. If anything the fact that tic tockers are following these things speaks more to the overall speculative mania that’s been going on for the past couple of years in the stock market than an
154.
by dkrich 5y ago
I’m talking about the crash phase
155.
by dkrich 5y ago
Not really true. The COVID crash was the fastest crash in modern history, playing out from peak to trough in about three weeks. But even so, you’d have had multiple sessions to get out before the worst hit but denial was strong. The 1987 cr
156.
by dkrich 5y ago
Right but why don’t they sell before the calamity if everyone knows these cycles repeat? People get caught up in it because they haven’t experienced real pain themselves, think something new exists and because they believe they’ve made mone
157.
by dkrich 5y ago
Maybe the most common saying that you'll hear WRT to the markets is buy when there's blood in the streets. Then why do so few do it? It's because when there's blood in the streets and real fear it's for completel
158.
by dkrich 5y ago
Because they made over $3 million probably having done little to no trading prior to that run. Pretty much anyone could spot insider trading patterns. I’d be willing to bet these guys were making bets only on Netflix in the form of short-da
159.
by dkrich 5y ago
I feel like this is one case where Apple will steal share from Peloton. Apple already has the hardware to integrate, and for people who either aren’t using Peloton or are just using the $14 a month service, switching costs are small. Right
160.
by dkrich 5y ago
I don’t think this is a controversial take. Most everyone buying a Peloton is doing so because of the classes, the bike is just a status symbol.
161.
by dkrich 5y ago
I got a Keiser, too, mostly because the Peloton wasn’t available for like 10 months when I wanted one, but also for the money the Keiser is a much higher quality bike plus you have the flexibility of using Zwift or other apps. I currently u
162.
by dkrich 5y ago
> It has always been. Everybody wants to be popular and keep their job. That part is demonstrably false. The Fed has never been as dovish as it is now and at times has been extraordinarily hawkish and unkind to the equity markets- Paul V
163.
by dkrich 5y ago
Can’t speak for OP but I was referring to the overall landscape- the arks, Tesla’s, and even Bitcoin itself. People are buying these simply because they’ve been going up by orders of magnitude in a very short time. When hoards of people are
164.
by dkrich 5y ago
Why would people want deflation? Sure your dollars will be worth more but you’ll be out of work and the economy will be in shambles. People seem to hate the fed and its ability to print dollars until a liquidity crisis comes around. I will
165.
by dkrich 5y ago
It seems like markets are always cyclical. After the dot com crash nobody would touch a stock that didn’t have profits. Now 20 years later people shit on those who only buy “value” stocks as old and out of touch and insist that we’re in a n
166.
by dkrich 5y ago
We are in a speculative mania right now across all markets and I’ve believed for several months that the renewed popularity of Bitcoin is just an offshoot of that speculation. The appetite to buy any old thing is extreme.
167.
by dkrich 5y ago
The thing is, I still don’t feel like the vision as stated is proven. I still haven’t heard a single person explain in cogent terms the value it provides and IMO if you can’t explain something that is supposedly a revolutionary technology a
168.
by dkrich 6y ago
I think you’re lucky, then. I’ve worked at multiple places and they are almost always nothing but distractions. In fact I think most employees need training on how to behave in an office environment. For many, when they have a question or
169.
by dkrich 6y ago
You shouldn’t, and I’m not defending RH’s handling of a PR crisis, which is never easy and one that every successful company eventually encounters at some point. I don’t use RH personally. My guess is they had problems with collateral oblig
170.
by dkrich 6y ago
> Its some impressive mental gymnastics to see a broker lock out all of their retail investors (remember, you were completely free to liquidate your position) and offer almost no explanation, and blame the investors for being hasty and j
171.
by dkrich 6y ago
And doing it every day? Even now that the stock is $350 a share? If they are able to do that I have to question the “little guy” tag.
172.
by dkrich 6y ago
Yesterday premarket when Robinhood announced the cessation of trading in these ultra volatile stocks, was there a deep analysis of what led them to that decision? A measured consideration of why they might do that? Of course not. Immediatel
173.
by dkrich 6y ago
That retail is behind a massive short squeeze that is solely responsible for these moves. At this point shorts from significantly lower levels have almost certainly been covered, if for no other reason out of simple necessity. At this point
174.
by dkrich 6y ago
I mean do people really believe Robinhood traders are moving billions of dollars of stock a day? Most admit that they aren’t selling and buying at higher and higher levels. That translates to very little cash to buy more. There is absolutel
175.
by dkrich 6y ago
I’d be very careful about making this assumption. There is always bleed over in unexpected ways. When these stocks spiked on Wednesday the market as a whole came down hard. Perception is extremely important and if people start to fear that
176.
by dkrich 6y ago
There’s a long history of similar occurrences that follow along a common line: whatever appears to support individual investors will be the path taken by politicians and regulatory bodies. Right now it appears that the public wants to be ab
177.
by dkrich 6y ago
Exactly. And I suppose not too many are aware of the fraud that’s been exposed by short sellers who usually pay the costs associated with investigating fraud. Wirecard or Enron, anyone?
178.
by dkrich 6y ago
I would really appreciate it if somebody could explain to me how people who sell short a stock are somehow “suffocating it” or “killing jobs.” And I say this as someone who has about 18 years of investing experience. I continue to believe s
179.
by dkrich 6y ago
I don’t recall saying anything about retail money. There are many things at play- short squeezing, gamma squeezing, retail buying, trend based algo buying. Trying to attribute a move to any one thing is folly because it’s never one thing. B
180.
by dkrich 6y ago
This is the exact thing I have been trying to convince people of since this began. It started with a kernel of truth and a case to be made for a potential short squeeze but at some point along the way transitioned from a squeeze to a bubble

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