[Copypasta] The real power of compounding

Oh my gourd, I am financially ruined (agricultural futures)

I have lost everything, and I'm not sure how to continue. This summer I invested $17,500 (six months salary and my entire life savings) into ornamental gourd futures, hoping to capitalize on this lucrative emerging industry. After watching a video about Vincent Kosuga and his monopoly on onions, I decided I'd try to do something similar with another vegetable. I did some research and found out many agricultural forecasters expected this year's gourd yield would be far smaller than the past, due to deteriorating soil conditions in central Mexico and a warmer-than-average spring. At first, demand soared around Halloween and prices skyrocketed, but the gourd bubble burst on November 12th. Unfortunately, the coronavirus caused a massive drop-off in demand due to fewer families decorating their tables for thanksgiving, and prices plummeted. I had invested early enough that I thought I would still be fine, but then on the morning of December 2nd, a new email in my inbox caused my stomach to turn into a pretzel. The massive gourd shipment from Argentina, scheduled for early March, had arrived. I was planning on selling off my futures right before this, in February, but this ruined everything. To top it off, the gourds in this shipment were absolutely gargantuan, some topping 4 pounds each, causing the price-per-pound to drop like an anchor into the range of 6 cents per pound. I am ruined.

January 2021

Classic

WallStreetBets

I couldn’t tell you what half of the companies in my portfolio do

I couldn’t tell you what half of the companies in my portfolio do or even what the ticker stands for...but you better believe I’m jacked to the mf’ing tits in every single meme stonk that you crayon eaters have been pumping. CHOO CHOO MF’ER.

December 2020

WallStreetBets

I want JPow to use his full range of tools on me 😫

December 2020

WallStreetBets

GME to the moon

.　　　　　　　　　　 ✦ 　　　　　　　　˚　　　　　　　　　　　　　　*　　　　　　　　　　　　　　　　　　　　　.　　　　　　　　　　　　　　. 　　　　　　　　　 ✦ 　　　　　　　　　　　 ‍ ‍ ‍ ‍ 　　　　　　　　　　　　　　　　,　　　 .　　　　　　　　　　　　　.　　　ﾟ　　　　.　　　　　　　　　　　☀️if we hold　　. ,　　　　　　　.　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　. 　　　　　　　　　　.　　　　　　　　　　　　　. 　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　 ✦ 　　　　,　　　　　　　　　　　 🚀 gme 　　　　　　,　　　 ‍ ‍ ‍ ‍ 　　　　　　　　　　　　　.　　　　　　　　　　.　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　˚　　　　　,　　　　　　　　　　　　　　　　　　　　　　　　　　　　.　　　　　　　　　　　　　　　.　　　　　　　　　　　　　.　　　　　　　　　　　　　　　* 　　　　　　　 ✦ 　　　　　　　　　　　　　　　　　　　　　　　　　　.　　　　　　　　　　　　　　　　　　.　　　　　　　. 　　　　　　.　　　　 🌑 　　　　　　　　　　.　　　　　　　　　　　.　 ˚　　　　　　　　　　　　　　　　　　　　　ﾟ　　　　　.　　　　　　　　　　　　　　　. 　　　 🌎 ‍ ‍ if we sell ‍ ‍ ‍ ‍ ‍ ‍ ‍ ,　　　　　　　　　　　　　　　* .　　　　　　　　　　　　　　　　　　　.　　　　　　　　　　 ✦ ˚　　　　　　　　　　　　　　*　　　　　　　　　　　　　　　　　　　　　.　　　　　　　　　　　　　　.

ascii art

January 2021

WallStreetBets

Classic

These are classic hedge fund tricks.

WHAT'S HAPPENING RIGHT NOW IS NOT A SELL-OFF. Melvin Capital is going to throw a lot of tricks at us that will make it look like the stock is dropping. Don't fall for it. Do not sell if you see any of these things happen: GME drops by 30% or more after hours SEC filings show that shorts have all exited their positions GME drops below $1 a share The Gamestop locations near you start closing GME files for bankruptcy GME is delisted from the stock exchange Your bank forecloses on your home for late payment Your children have children of their own who grow up and become investment bankers and tell you that you should stop telling people you're "diamond handing" a company that went out of business 30 years ago These are classic hedge fund tricks.

February 2021

[Copypasta] The real power of compounding

WallStreetBets

WallStreetBets

Oh my gourd, I am financially ruined (agricultural futures)

Classic

WallStreetBets

I couldn’t tell you what half of the companies in my portfolio do

WallStreetBets

I want JPow to use his full range of tools on me 😫

WallStreetBets

GME to the moon

WallStreetBets

Classic

These are classic hedge fund tricks.

WallStreetBets

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