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More men are addicted to the 'crack cocaine' of the stock market

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Re: More men are addicted to the 'crack cocaine' of the stock market

#611

Post by carlosjobim »

throwaway2037 wrote: post #589
carlosjobim wrote: post #573

Earlier quoted context omitted.

My investments have always had fantastic results, far above what any index fund could render. I have been forced to involuntary "dollar cost averaging" by having to wait for the next salary in order to invest more. But "dollar cost averaging" is not an investment strategy, it's confusion on the highest level.

Dear Internet Stranger (who is also an amazing investor): Have you considered starting you own hedge fund? If not, are you willing to share some of your best investments in the last few years?

You wouldn't be interested in an answer from an internet stranger. But please tell me how "dollar cost averaging" would help any investor in a real world scenario?

It actually grieves me that your average person is completely unwilling to just take a few days of their life to understand investing and what it is and how they can sensibly do it. Instead they decide to treat it like a casino and chase hocus-pocus like "dollar cost averaging" or "technical analysis" or "day trading".

Every person usually has some area of expertise or interest, or even a hunch. Take that and invest accordingly, long term. There are tools available to make any investment very conservative or very risky, according to taste.

Re: More men are addicted to the 'crack cocaine' of the stock market

#612

Post by mbar84 »

fullshark wrote: post #270
JKCalhoun wrote: post #210

> They expect the problem to worsen. The stock market has climbed 23% this year... The problem will resolve itself if (when?) the market crashes. I remember the run up to the dot-com bust. I was too much of a bumpkin at the time to even know how I would trade stocks — but I listened to an acquaintance go on and on about how much he was making on the market. At the time I guessed that he was much smarter than me — tha…

The Gov't / Federal Reserve has made it clear they will not let the value of assets drop significantly ever again. The entire planet's capital is now betting on US equities going up and to right forever, and all levers will be used and invented wholesale from nothing to keep that going.

I wonder if this sets up a moral hazard that only exacerbates a possibly coming crash. People assume the Fed will prevent assets from dropping, which makes them bid up asset prices to even higher levels that even the Fed is incapable of maintaining.

Re: More men are addicted to the 'crack cocaine' of the stock market

#613

Post by NelsonMinar »

itake wrote: post #439
djsnoopy wrote: post #414

Earlier quoted context omitted.

Well, it’s harder then you’re letting on if your leverage costs 20%+.

Apple is up 40% this year, VOO is up 27%. 20% cost and you’re still ahead

Dear reader: do not take financial advice from this person's comments.

Re: More men are addicted to the 'crack cocaine' of the stock market

#614

Post by [deleted] »

tptacek wrote: post #592
ToucanLoucan wrote: post #565

Earlier quoted context omitted.

I don't take issue with the creation of Israel as a means to put all the displaced Jews somewhere. I take issue with that the land provided for this project was taken without the consent of any of the nations from which it was taken, which is colonialism and why it's impossible to separate Israel from the colonialist roots that helped create it. Just as it's impossible to not see it as an act of Western dominance tow…

The same thing happened to Jewish people in those "pissed off" surrounding countries, to the extent that a plurality of the Jewish population of Israel is of MENA origin (the "Mizrahim"). There is no simple history of the area, and nothing that will fit into an HN comment.

[deleted]

Re: More men are addicted to the 'crack cocaine' of the stock market

#615

Post by aguaviva »

SkipperCat wrote: post #563
xcv123 wrote: post #496

Earlier quoted context omitted.

That is an oversimplification of history https://www.britannica.com/event/Balfour-Declaration

Yes, there was a lot of factors, going back years before WWII, but I still believe that the aftermath of the Holocaust was major contributing factor to the creation of the State of Israel. https://www.yadvashem.org/articles/academic/holocaust-factor... The Holocaust created hundreds of thousands of European Jewish refugees and international sympathy which had an effect on the UN vote for statehood.

[dead]

Re: More men are addicted to the 'crack cocaine' of the stock market

#616

Post by teddyh »

Manuel_D wrote: post #517
teddyh wrote: post #491

Earlier quoted context omitted.

Anonymity is, in fact, quite crucial to a surprisingly wide range of people: https://geekfeminism.fandom.com/wiki/Who_is_harmed_by_a_%22R... >

That page doesn't make a very compelling argument. Yes, bullying and harassment without an anonymous identity is potentially more damaging. But nowhere does it seem to consider that many of the bullies and harassers would only dare do so with an anonymous identity. Which has the better culture? 4chan, or professional settings and churches? Non-anonymous settings almost universally have better culture because people's…

> But nowhere does it seem to consider that many of the bullies and harassers would only dare do so with an anonymous identity.

Have you seen Facebook? Anonymity does not, in any way, preclude horrible behavior and harassment.

Also, reducing the problem to “bullying and harassment” is frankly laughable, and gives rise to the suspicion that you at most only skimmed the page.

Re: More men are addicted to the 'crack cocaine' of the stock market

#617

Post by Manuel_D »

teddyh wrote: post #616
Manuel_D wrote: post #517

Earlier quoted context omitted.

That page doesn't make a very compelling argument. Yes, bullying and harassment without an anonymous identity is potentially more damaging. But nowhere does it seem to consider that many of the bullies and harassers would only dare do so with an anonymous identity. Which has the better culture? 4chan, or professional settings and churches? Non-anonymous settings almost universally have better culture because people's…

> But nowhere does it seem to consider that many of the bullies and harassers would only dare do so with an anonymous identity. Have you seen Facebook? Anonymity does not, in any way, preclude horrible behavior and harassment. Also, reducing the problem to “bullying and harassment” is frankly laughable, and gives rise to the suspicion that you at most only skimmed the page.

I'm sure you can find cherry-picked pages of Facebook people acting out. Likewise, you can browse /r/LinkedInLunatics. But the vast majority of interactions on these platforms are better than on anonymous and pseudonymous platforms.

Anonymity and pseudonymity are big enablers of bad behavior, since it shields reputational harm that would normally be incurred by engaging in that behavior.

Re: More men are addicted to the 'crack cocaine' of the stock market

#618

Post by SkipperCat »

ToucanLoucan wrote: post #565
SkipperCat wrote: post #563

Earlier quoted context omitted.

Yes, there was a lot of factors, going back years before WWII, but I still believe that the aftermath of the Holocaust was major contributing factor to the creation of the State of Israel. https://www.yadvashem.org/articles/academic/holocaust-factor... The Holocaust created hundreds of thousands of European Jewish refugees and international sympathy which had an effect on the UN vote for statehood.

I don't take issue with the creation of Israel as a means to put all the displaced Jews somewhere. I take issue with that the land provided for this project was taken without the consent of any of the nations from which it was taken, which is colonialism and why it's impossible to separate Israel from the colonialist roots that helped create it. Just as it's impossible to not see it as an act of Western dominance tow…

"I take issue with that the land provided for this project was taken without the consent of any of the nations from which it was taken, which is colonialism and why it's impossible to separate Israel from the colonialist roots that helped create it"

Who was the land taken from? It was owned by the British from WWI to '48. Before that, it was owned by the Ottoman empire, before that it was an Egyptian kingdom and going further back it was the Roman empire. And at some point before that, it was Judea which was the land of the Jews. The Romans renamed Judea to "Palestine" to remove the connection of Jews to that land.

"Like, there's no reason at all (apart from latent, extremely quiet antisemitism on the part of the Allied powers post WWII that they didn't want to discuss) that all those refugees couldn't have been subsumed into any of these countries, especially America, who at the time was boasting not only the only economy not obliterated by WWII, but also shit tons of open land."

Israel was pretty empty too in 1948. There was enough room for the European refugees and the Palestinians. The 1948 partition was not the best for everyone, but it did give both Jews and Palestinians a new homeland, something neither had post Judea or anytime for the Palestinians.

A big reason for wanting their own land, was to provide a safe haven. Jews were doing very well in pre-Nazi Germany, and that changed quickly. The same could happen in the US too. There's historically been very few safe havens for Jews in Europe (And America is pretty much an extension of Europe).

I don't agree with your premise about colonialism or that Israel was created to be a bridgehead for western powers. But I do appreciate your writing and dialog on the matter.

Re: More men are addicted to the 'crack cocaine' of the stock market

#619

Post by aguaviva »

SkipperCat wrote: post #618
ToucanLoucan wrote: post #565

Earlier quoted context omitted.

I don't take issue with the creation of Israel as a means to put all the displaced Jews somewhere. I take issue with that the land provided for this project was taken without the consent of any of the nations from which it was taken, which is colonialism and why it's impossible to separate Israel from the colonialist roots that helped create it. Just as it's impossible to not see it as an act of Western dominance tow…

"I take issue with that the land provided for this project was taken without the consent of any of the nations from which it was taken, which is colonialism and why it's impossible to separate Israel from the colonialist roots that helped create it" Who was the land taken from? It was owned by the British from WWI to '48. Before that, it was owned by the Ottoman empire, before that it was an Egyptian kingdom and goin…

Who was the land taken from?

The people living there.

I think this was pretty clear from the context of what the commenter said when they referred to the "nations" from which the land was taken.

In terms of, you know, the people who had been living on that land peacefully for more than a thousand years.

Not from the various dying empires that temporarily occupied that land, and pretended to "own" it.

Re: More men are addicted to the 'crack cocaine' of the stock market

#620

Post by teddyh »

Manuel_D wrote: post #617
teddyh wrote: post #616

Earlier quoted context omitted.

> But nowhere does it seem to consider that many of the bullies and harassers would only dare do so with an anonymous identity. Have you seen Facebook? Anonymity does not, in any way, preclude horrible behavior and harassment. Also, reducing the problem to “bullying and harassment” is frankly laughable, and gives rise to the suspicion that you at most only skimmed the page.

I'm sure you can find cherry-picked pages of Facebook people acting out. Likewise, you can browse /r/LinkedInLunatics. But the vast majority of interactions on these platforms are better than on anonymous and pseudonymous platforms. Anonymity and pseudonymity are big enablers of bad behavior, since it shields reputational harm that would normally be incurred by engaging in that behavior.

I mean, public flogging also (arguably) reduces crime, but we don’t want to have it, for good reasons. Disallowing anonymity has a lot of negative effects for all but a select privileged few, as documented by the link I gave.
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