The Self Referential Thread

[Edge]

Sadly AI is the big thing now. NVIDIA is now a trillion dollar company largely due to its AI innovations .

Nvda stock dropped to around 120 late last year...and now is close to 400. Wish I had bought it then.

[milagros317]

Nvda stock dropped to around 120 late last year...and now is close to 400. Wish I had bought it then.

Missed investment opportunities are all around us all the time. No need to regret them.

[Edge]

Missed investment opportunities are all around us all the time. No need to regret them.

I've got paypal at 81...it was over 300 a couple years ago. Now it's around 64.

[Edge]

The Thread of Threads

[milagros317]

I've got paypal at 81...it was over 300 a couple years ago. Now it's around 64.

While I don't give investment advice to anybody^*, situations like that are why "stop/sell" orders were invented.


^*Just once, in 1977, when a then colleague in the math department had asked all present for investment advice, I broke this rule and spoke up. My advice, two years later, could be seen to be correct; indeed, it was fabulous advice and well-timed. However, on the day that I gave it, I got nothing but derision and mockery for it.

[Edge]

While I don't give investment advice to anybody^*, situations like that are why "stop/sell" orders were invented.


^*Just once, in 1977, when a then colleague in the math department had asked all present for investment advice, I broke this rule and spoke up. My advice, two years later, could be seen to be correct; indeed, it was fabulous advice and well-timed. However, on the day that I gave it, I got nothing but derision and mockery for it.

Very well said...but I also know people who lost 80% of their stock value, held it and a year or 2 later made the 80% back plus $ on top.
Stock market is unpredictable...legalized gambling.

[milagros317]

Very well said...but I also know people who lost 80% of their stock value, held it and a year or 2 later made the 80% back plus $ on top.
Stock market is unpredictable...legalized gambling.

Yes, legalized gambling. I had a friend in high school who became a registered representative for a brokerage firm. (That is the person who actually talks to people on the telephone or in the office and executes their orders to buy or sell stocks.) He told me he loved his job, "because I'm working in the biggest legal casino in the world, the NY Stock Exchange."

[Edge]

Yes, legalized gambling. I had a friend in high school who became a registered representative for a brokerage firm. (That is the person who actually talks to people on the telephone or in the office and executes their orders to buy or sell stocks.) He told me he loved his job, "because I'm working in the biggest legal casino in the world, the NY Stock Exchange."

That's interesting yeah I can see that...the thing I learned was don't put money into the stock marked that you need (i.e. rent money).

[milagros317]

That's interesting yeah I can see that...the thing I learned was don't put money into the stock marked that you need (i.e. rent money).

Wise advice.
My friend had another saying about the NYSE: "Bull can make money and bears can make money, but the pigs always get stuck."
I knew that bulls were optimists who expected a stock to go up and bought it. I knew that bears were pessimists who expected a stock to go down and sold it short. I had to ask him what pigs were.
He said, "People to expect to buy at the all-time low and sell at the all-time high."

[Edge]

Wise advice.
My friend had another saying about the NYSE: "Bull can make money and bears can make money, but the pigs always get stuck."
I knew that bulls were optimists who expected a stock to go up and bought it. I knew that bears were pessimists who expected a stock to go down and sold it short. I had to ask him what pigs were.
He said, "People to expect to buy at the all-time low and sell at the all-time high."

Another saying similar to what you're saying is my uncle taught me "Pig get slaughtered." And I'd say "oink."

[milagros317]

Another saying similar to what you're saying is my uncle taught me "Pig get slaughtered." And I'd say "oink."

Your uncle was a wise man.

[kurchatovium]

Nvda stock dropped to around 120 late last year...and now is close to 400. Wish I had bought it then.

Me too lol

That is what makes it so scary. We may, within five years, be walking among the zombies with chips in their brains.

Yea in away we are almost zombified already. Everyone wandering around staring at their smartphones. I think now kids pick up a smartphone when they are 3 lol

The Thread of Threads

Amen to that my friend.

[Edge]

Kurch - little kids walking around with cell phones is crazy but that's the new world.

[milagros317]

Yea in away we are almost zombified already. Everyone wandering around staring at their smartphones. I think now kids pick up a smartphone when they are 3 lol

Yes, toddlers are carrying them now.

Kurch - little kids walking around with cell phones is crazy but that's the new world.

Which is why I am becoming a grumpy old man.

[Edge]

Yes, toddlers are carrying them now.


Which is why I am becoming a grumpy old man.

Yelling get off my lawn!
But also when I see high school girls I cringe...some of them look like they're in their 20s. When I was in school kids looked like kids. I'm glad I don't have a daughter I probably wouldn't let her leave the house.