[Copypasta] Thats why this place is so special.

Listen 5 years ago I wanted to get into investing. I came to this sub to get some advice. One guy helped me with a stock I could invest in. It was dipping for a few days and I kept asking what I should do and he said hold. Kept quoting Warren buffet On the third day I panicked and told him I had to sell. He sent me a video and told me to watch it before I sold. It was a guy getting railed by jpow. I lost 400 dollars that day but it taught me some lessons. Now look at me. Been investing for over 3 years now. I was even on this gme thing. Yeah I could of made 8x the profits instead of 4 but I consider that my own fault. But through this great sub and everything I have learned, I reinvested my profits and as of today I am down 5 grand. Thats why this place is so special.
February 2021

WallStreetBets

(β–€ΜΏΔΉΜ―β”œβ”¬β”΄β”¬β”΄ Psst... kid, you wanna disable adblock?
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It's called empathy

Sometimes watching porn I like to pretend I'm the "woman" it's called empathy not homosexuality.
April 2021

WallStreetBets

I am going to short the whole country of South Africa

I assure you, this ISN'T going to get political. Because by all accounts South Africa is screwed. My planned position is bottom paragraph. Under the current ANC government there has been a general degeneration of all aspects of South Africa. Due to systemic nepotism, there are math teachers that don't know what square roots are, army officers that can't read, and cops that have never fired a gun. The practice of fictitious employees that take checks but don't work there is widespread enough that the government has drove itself into insolvency already. Estimates are that some 80% of government funds are misused in some way, ranging from government subsidies given to businesses owned by government officials to simply going missing from accounts. The ANC solved this, against advise of wiser people, with quantitative easing. Which is a fancy term for printing money, and since they could never possibly reverse that printer they're inflating the South African Rand which is why they've had two bouts of inflation near 9% twice in the past 20 years. That is all besides how the largely defunct government doesn't prevent anything on the ground. Roaming bands of pirates (many affiliates of the Marxist Economic Freedom Fighter party) will poison guard dogs and torture and murder residents often for as little as car keys and groceries. Many communities are functionally independent and take the law in their own hands, and in many areas utilities are defunct (untreated sewage goes in the river, untreated tap water comes out and it smells as disgusting as it sounds). South Africans are more likely to have their asylum applications accepted than any other nation as there are so many tales of rape and murder and threats of ethnic cleansing. This equates to the most educated citizens leaving SA and most SA based businesses diversifying out of the country as literacy rates have been falling. These disillusioned departures are not new, as they include the most famous Afrikaner in history Elon Musk who is now a naturalized American. Edit: The Economic Freedom Fighter's usual acronym isn't used because it's also the ticker for a penny stock. I first thought about shorting South Africa over a year ago when I was researching the country (I'm a historian, I read much on the country for fun). I found the only index tracking SA (EZA) wasn't an accurate representation of SA economy and buying puts on it was useless. It tracked only the largest cap firms, which are the aforementioned companies diversifying out of SA (mostly to other parts of Africa). Which is why it's a volatile ETF that overall trades sideways. Buying puts on it wouldn't really capitalize on SA going full Rhodesia/Zimbabwe. Zimbabwe having experienced the general breakup of modern institutions and hyperinflation due to similar problems. My new broker, IBKR, allows negative currency positions as long you post 10% as collateral. Now my native currency are US dollars, where inflation in 2020 was 1.4% while the South African Rand's inflation was 4.12% in 2020. That equals a 26.8% return on investment per year from that simple short position. But I'm expecting US Dollar inflation to stay between 1-2% a year while the Rand (ticker ZAR) stays north of 4% with inflation spikes inevitable over the next decade. This position also reduces my market beta, much needed for me as I've got hugely leveraged positions on American ETFs. This isn't a short term swing trade, I'm waiting for SA to implode.
February 2021

WallStreetBets

Bloomberg terminal vs toilet trading

Imagine spending 20K on a bloomberg terminal and thousands on hardware just to get smoke checked by some retards on the toilet trading on their phone that are not only on the spectrum but might be the actual spectrum.
December 2020

WallStreetBets

What the fuck did you just fucking say about OTM FDs

What the fuck did you just fucking say about OTM FDs, you little bitch? I'll have you know I graduated bottom of my class in the Special Needs Division of the Navy Seals, and I've been bag holding from pump n' dumps on WSB since 2012, AND I have over 300 confirmed margin calls. I am trained in the 'tism and I'm the top retard in the entire United States armed forces. You are nothing to me but just another normie retail investor. I will wipe out my portfolio with precision the likes of which has never been seen before on this Earth, mark my fucking words. You think you can get away with saying that shit about OTM FDs over the Internet? Think again, fuckface. As we speak I am contacting my wife's network of boyfriends across the USA and your IP is being traced right now so you better prepare for the storm, maggot. The storm that wipes out the pathetic little thing you call your portfolio. Your fucking 401k is dead, kid. I can trade anywhere, anytime, and I can lose fat stacks over seven hundred ways, and that's just with TSLA FDs. Not only am I extensively trained in sniffing glue, but I have access to the entire crayon collection of the United States Marine Corps and I will use it to its full extent to wipe your miserable ass boomer stocks off the face of the continent, you little shit. If only you could have known what unholy retribution your little "clever" comment was about to bring down upon you, maybe you would have held your fucking tongue. But you couldn't, you didn't, and now you're paying the price, you goddamn idiot. I will shit crayon diarrhea all over you, the likes of which would make even Jackson Pollock jealous, and you will drown in it. You're fucking done, kiddo.
September 2021

WallStreetBets

Navy Seal

Genetics is the future

I keep putting more money into ARKG and making more money and I'm starting to actually fall in love with the genetics revolution. I hope one day they invent some sort of super sperm cocktail so I can shoot thicc rope with giant big brain sperm like tadpoles that come out and shoot 16 feet at 90mph. Then I can train my fatheaded genius kids how to buy calls. It could also offer a self-defense solution in a pinch as you rapid fire tadpoles at any incoming attackers. Genetics is the future.
December 2020

WallStreetBets

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