Since 2008 there have been a number of you hell-bent on discovering the next big short. This is classic human inadequacy, feeble attempts at separating from the pack in order to prove one’s worth. You don’t need to prove anything, lads. Being able to bet against the tide and winning is supposed to be a very low probability trade. Inherently, those who continuously bet on predictably weak outcomes are morons, despite whatever formal education one might have.
Use your investigative skills to find the next MSFT or CRM, if you’re into trying to be different. It always amuses me how people peacock themselves for the dumbest shit. You want to impress someone through the acquisition of personal items via the stock market? Take it from me, there aren’t any short cuts.
I remember when my desk mate, back when I got started in this business, tried to use short cuts. He ended up being arrested at his desk for leading an insider trading ring. He was the nicest guy you’d ever meet. Money tuns people into fucking trolls.
Don’t be a troll.
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there is a nice feeling buying a large item, say, a sports car, that was financed through stock market activity. W2 money just isn’t as sexy.
True. On the other hand, there is no risk of seeing a loss of money on your W-2. Your employer won’t be contacting you about a margin call.
Long term hold ONCY living large today.