Investing General Discussion
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Guest, it's time once again for the massively important and exciting FoH Asshat Tournament!
Go here and give us your nominations!Who's been the biggest Asshat in the last year? Give us your worst ones!
Sanrith Descartes
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Sanrith Descartes
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Jysin
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Fun days
techcrunch.com
Hit by hedge fund losses Tiger Global VC fund nearly depleted
Tiger Global is having a year. Losses of about $17 billion represent one of the biggest dollar declines for a hedge fund in history.
techcrunch.com
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Sanrith Descartes
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Fun days
Hit by hedge fund losses Tiger Global VC fund nearly depleted
Tiger Global is having a year. Losses of about $17 billion represent one of the biggest dollar declines for a hedge fund in history.
Jysin
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Read the same today. Basically Coinbase coming right out and saying you dont actually own your coins. Fucking hell.. that should trigger an absolute run of users taking their coins offline.
Coinbase admits users may lose crypto if exchange goes bankrupt
If the exchange goes down, it's taking investors with it.
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Nothing would make me happier than watching crypto go to zero. Literally tulips.
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Zzen
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Sanrith Descartes
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Nasdaq futures -1.8% and falling
I mean who actually was buying ahead of the CPI? Did they somehow believe the shit was going to be good? Or did they think that 50 basis point hike just insta-fixed inflation?
I mean who actually was buying ahead of the CPI? Did they somehow believe the shit was going to be good? Or did they think that 50 basis point hike just insta-fixed inflation?
Sanrith Descartes
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Sanrith Descartes
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Sanrith Descartes
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Furry
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Yea, no idea. I read somewhere the biggest change was on how new car prices were factored in. Dealerships have you by the balls and know it. As someone who just had to buy a new car, you aint getting out at just sticker price. They're gonna tack on every little service they legally can because they know if you pass on it they'll throw you back at the end of the 6 month queue and have someone else willing to pay now up there in 30 mins. Whatever they changed probably doesn't come close to saying how bad it is.
Furry
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I should probably add ARKK to my tickers just so I can laugh at someone doing worse than me when I check my stocks.
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Furry
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Traders Prepare to Ditch Moscow Ruble Rate as Market Split Grows
Lol, that's one way to try and gain the narrative. Nooo pls stop using your exchange rates, use ours!!! Probably shouldn't have sanctioned all the banks if you wanted that to happen idiots.
Lol, that's one way to try and gain the narrative. Nooo pls stop using your exchange rates, use ours!!! Probably shouldn't have sanctioned all the banks if you wanted that to happen idiots.
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I feel cleansed. For the first time in in nearly 2 years I have no more margin debt. Of course the cleansing was accomplished with FIRE.
Now (thinking of that line you got when you started a new char in Vanguard), my eyes are on the horizon thinking of the tasks ahead (or something like that). Time to slowly rebuild from the ground up. If nothing else I feel a weight off my shoulders. I'm still in my 40's and still have the vast majority of my net worth intact. I lost 70 percent of my non-retirement investment account and i'm not minimizing what a disaster that was, but I still feel blessed overall and I will move forward and this time not be retarded.
Now (thinking of that line you got when you started a new char in Vanguard), my eyes are on the horizon thinking of the tasks ahead (or something like that). Time to slowly rebuild from the ground up. If nothing else I feel a weight off my shoulders. I'm still in my 40's and still have the vast majority of my net worth intact. I lost 70 percent of my non-retirement investment account and i'm not minimizing what a disaster that was, but I still feel blessed overall and I will move forward and this time not be retarded.
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