I have such memes to show you...
https://www.forbes.com/sites/brettst.../#151046942b56
Great article about how most stock pickers and quant funds are full of shit and use bad math and theory to provide mediocre returns. It also shits on most hedge funds.
This perfect exposes the glaring inadequacy I get so mad about in finance. It shows that simply buying the market via ETF, Index Fund or any broad market portfolio is ALWAYS a better strategy unless you work for a high-end quant hedge fund spending millions on machine learning. The level of confirmation bias and fallacious "proof" in investment theory is fucking infuriating and the amount of money pissed away on it is truly staggering.
i know some of those words because I watch Billions
Invest in diapers?
Basically, unless you're already super rich, a simple "Buy the market" strategy is ALWAYS the best option.
That's a bad idea fam.
Nintendo is currently a terrible investment as well.
Well the 5 shares I currently own seem to be doing ok.
My bitcoin is getting ready to take off any day now.
Is bitcoin down? Can I finally buy a new graphics card? I'll sell my Nintendo shares to finance it.
According to Larry Kudlow the deficit is going down. Rapidly.
https://twitter.com/FoxBusiness/stat...78099606163457
I'm not a numbers guy but the 800 billion number ones are shouting that he's lying.
he's speaking of the deficit not the debt but even then the CBO projects an increase of about 140 billion (year-to-year the shortfall is up 23% to date) and states that figure will continue to grow until we return to Obummer's trillion dollar deficits as early as 2019.
but Kudlow is a fool and a liar, he denied the housing bubble in 2005 and the stock bubble in 2008 + advocated invading Iraq because it was the most important issue facing the stock market.
This really isn't finance-related news because he's provably lying.
Opera (Browser) Files to Go Public, Hopes to Raise $115M
https://techcrunch.com/2018/07/02/br...-to-go-public/ | https://www.sec.gov/Archives/edgar/d...v496863-f1.htm