wayneL
VIVA LA LIBERTAD, CARAJO!
- Joined
- 9 July 2004
- Posts
- 25,962
- Reactions
- 13,265
Your effort is noted but seemingly underappreciated.They wouldn't be the first authority that didn't want to admit that their control of a particular situation was, shall we say, limited. Remember that confidence is everything at a macro level. And that's before we even start with the competence angle (do you really think that they know what's going to happen/can see the future?).
Larry summers has been throwing bombs from the sidelines/voicing his opinion as loud as he has been for a reason.
Even in the private sector, I live in a near constant state of astonishment at just how utterly clueless so many "professional" money managers are, and we're talking people in charge of staggering sums of money in super funds etc. If you haven't at least 5x'd your money in this pandemic then you haven't even so much as beaten an index etf:
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I manage my own money (and I've now had friends give me 5 figure sums of their own money) for a reason. I post up everything I do in this thread for that same reason as it doesn't cost me anything to help you guys beat the market as well.
Even something as simple as doing nothing but buying a leveraged index etf like SPXL or TQQQ and not making a single trade in 18 months makes the so called "actively" managed funds look like the absolute hacks that they are and I've made considerable effort to point that out in this thread too.
Last week alone netted 25% doing literally nothing but buying TQQQ on red and selling on green. That's it. Buy on a red day, sell on a green one. That's three years' returns for a super fund in normal market conditions done in a WEEK.
tl;dr most of the people in charge are incompetent, water also confirmed wet.
Surely you've shadow traded me a bit?Your effort is noted but seemingly underappreciated.
5x... f*** me, I wish. I wouldn't be under bad-mannered nags owned by unappreciative trophy wives (as much as I appreciate summer in such situations).
For all the technical types, the r2k has just hit support again:
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I've grabbed a small amount just to see if the prophecy self-fulfils.
Aside from that, just more omicron carryon. Bit of a slow news day. Looking like a red week overall, but a nice swing play yesterday.
Oh absolutely. I can remember post-gfc there was some bigwig in europe (I can't remember who) who several years later, after getting busted in what was clearly a bald-faced like actually outright said that "when things are REALLY bad, you actually HAVE to lie".I concluded long ago that being right at the top of the tree is something where the main required skill is not economics or a seemingly relevant field such as math but rather it's acting.
An ability to stand outside in gale force winds with torrential rain commenting on what a pleasant sunny day it is while remaining completely serious and giving no indication that you've even noticed the wind and rain. The sort of thing that a decent actor can do well but where the average person would just burst out laughing.
You would indeed be better off under appreciative trophy wives than bad mannered nags,even in winter?Your effort is noted but seemingly underappreciated.
5x... f*** me, I wish. I wouldn't be under bad-mannered nags owned by unappreciative trophy wives (as much as I appreciate summer in such situations).
Their supersize is probably an american medium so I wouldn't be too concerned.O-M-G an outbreak of healthy eating in Japan ???
will the aged live even longer ??
Does that mean they've stopped asking "would you like fries with that?"Situation now critical in japan:
It's whale over there isn't it?Does that mean they've stopped asking "would you like fries with that?"
Definitely a late santa rally.Looks like the BS might be behind us and the bull market's back in session with three days green now.
Re Omicron (or Omircon as the ABC had as a news backdrop splash poster thing... the national broadcaster that can't spell ?)Still have omicron and energy as curveballs but markets don't seem to care about omicron much.
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