Comment on So...how the fuck do I trust *anything*?
aubeynarf@lemmynsfw.com 3 days ago
when you look at the hundred year chart, none of those events materially changes the slope.
Don’t sell on a downturn and you’ll be fine
Comment on So...how the fuck do I trust *anything*?
aubeynarf@lemmynsfw.com 3 days agowhen you look at the hundred year chart, none of those events materially changes the slope.
Don’t sell on a downturn and you’ll be fine
IronBird@lemmy.world 3 days ago
ph yeah, I’m not worried about $ anymore…I think that’s part of why this all came together for me tbh.
someone finally took pity on me I guess, and let me on the open-secret about the various speculation markets we monkeys seem so fascinated in.
I proceeded to make more in the last 2 months than I could working my day job for entire year (not counting OT), not worrying about bills/rent frees up a lot of thought-time I guess…
moonlight@fedia.io 3 days ago
What is that 'open secret'?
IronBird@lemmy.world 3 days ago
basically just that shits fucked, and it aint no accident/coincidence.
others on here have expanded on it, some clearer than I was expecting given what I posted so i guess it really is true, more or less.
Captainvaqina@sh.itjust.works 3 days ago
I’m insanely curious, what was the open secret that your benefactor taught you that led to such success?
IronBird@lemmy.world 3 days ago
idfk, just a book that (in my eyes, considering it’s age and how well it still applies to today) showed beyond any shadow of a doubt the whole thing really is bullshit.
moreso than any movie/drama saying the same thing which I’d probably seen a dozen times over the years, a dusty century old book laying it all out there removed any doubt whatsoever for me. especially when cross-examined to peculiar differences I noticed comparing US financial markets to others around the world (which generally favor stability), and who ultimately benefits most from those peculiarities.
which ultimately means that it isnt gambling/speculation…if you utilize proper risk management and know (all of) the rules to whatever imaginary line your betting on, whose moving what, what they want, and how you best make $ of their $
until, eventually, your port is large enough that your the one actually moving things. at which point certain strategies just don’t scale up as well as others (recall seeing a Buffet interview saying as much to some reporter).
Just…idk…the flippant way these motherfuckers fuck with the economy, all to just make their lines go up. and how deeply entwined that is/has been with the US government, going back a good…100-125 years atleast.
i’m not completely batshit crazy, I dont really believe (yet) that there is some uninterrupted conspiracy chain going all the way back to fucking moses or something, just that we’ve seemingly built our economy around one generation of psychopaths breeding another to replace them, in some fucked up game of fake-oneupmanship.
elevenbones@sh.itjust.works 3 days ago
So whats the book?
bright_side_@piefed.world 3 days ago
Am also interested in the book, dm me if you don't want to write it publicly