Mrs. Fly often ATTACKS me with wild eyed ideas that the stock market, for all intents and purposes, is a scam. Whilst there are elements of the stock market that are scammy and we all know very well indeed that pools of money commingle with one another to enact squeezes or sending stocks straight down to fucking zero and into the bankruptcy courts. However, and this is the part of finance MORONS never understand: the stock market is for raising capital and permitting companies to use the proceeds to grow.
In recent years the cunts in the VC sector have all but stolen the value in the IPO market and have left us with over priced scam stocks, the overall mechanical purpose of the market is to finance growth.
When trading we often see only letters and numbers, totally disconnected from the underlying businesses and macro environment. But if you’re a long term investooooor, you should view each holding of yours as a stake in a business and ask yourself if that business is one you would want to either work at or have a stake in for the long term. If you really liked Apple when they just released the iPhone and treated the stock as if you worked there, buying it every month in a dollar cost averaging scheme, you’re rich today.
The same rule applies to many consumer facing brands and if you like something — I say invest in it.
This piece of shit website has recently become a denizen for doom, war chat, and a black pilled approach to life in general. It’s all very bad for the soul and spirit, so I figured I’d mix it up a bit with some sideways optimism.
Enjoy your Saturday!
If you enjoy the content at iBankCoin, please follow us on Twitter
Good stuff Monsieur.
Free market capitalism is normally a pure fucntioning entity and efficient as heck. However, today capital markets are being manipulated by self-interested leadership. This is destructive to the system that is the backbone of America and that continued no matter which party was in power.
The WH and Fed are sacrificing the inflation mandate for a political mandate at our expense. 10% inflation is 10% haircut to net worth. That is a lot of coin to please someones political mandate. I am not happy to have people spending away my savings to save their own fucking skin. This has to be stopped soon.
You will be divorced within two years
Man Helen, let’s stop butting heads and just be. Just read the blog (btw which you do) and think about it. No need to be a dick whether you like it or agree or not
You would have said that two years ago and you’d be wrong. You would have said that two years before that too. My point here Helen is that you are clueless about just about everything. Quit while you’re behind because if you keep opening up your pie hole, you will just fall further behind.
Sadly, It’s fairly common for uninformed individuals to opine on shit they don’t understand.^^^
The ICO craze, as scammy as it was, was a shot across the bow of the VC industry. Ditto for the exclusionary accredited investor scam. Where are the “protections” for the little guy in the lotto industry? Education, yes but everyone should be free to lose their money anywhere.
There’s not enough war chat. After 20 years post 9/11 of our starting wars per the PNAC plan, there was at least one thing that we could count on: if you are a nuclear power, we wouldn’t start a war with you. But now, with our provoking the Ukraine War, there seems no limit to our insanity.
Nukes, bioweapons, mal-investment born of persistently and radically negative real interest rates. Truly, in this environment, trading and investing seems like jerking off. Perhaps if there’d been more war talk over the past 20 years, maybe the psychos in DC would not have spent the past 20 years bent over and blowing their evil masters.
“…figured I’d mix it up a bit with some sideways optimism.”
LOL. In the spirit of “sideways optimism”: where is Julius Caesar when one really really need him?
Cue the pitch for EMAN, as opposed to overpriced VUZI in the itty bitty titty committee cap land. AR VR will be juiced up by AAPL very soon, possibly January. For years the CEO has been alluding to a shroud of secrecy and outright prowess in technology to license ALL the big players through patents achieving 30k nits of brightness after leading the field at 10k nits.
Warning: 55m cap at 80 cents.
If EMAN was given VUZI’s multiple ………
and if the ATM was not utilized because of anticipated income soon from consumer licensing or Department of Defense funding and milestone payments …………… that might just mean the CEO expects a bump real soon.
Seriously, the more you delve into the situation, the more you will like it. If your head spins with the technical jargon, there is a message board that cuts to the chase in easier terms, but it’s for a bunch of yahoos. Sorry, I’ll try not to spam, but the original gist of monsieurs’ post called for story stocks.