[Copypasta] The real power of compounding

Remember, if you lose 10% a day over several days you’re actually losing less money as time passes. This is what people mean when they talk about the power of compounding
December 2020

WallStreetBets

https://www.reddit.com/r/wallstreetbets/comments/kd6fsb/what_are_your_moves_tomorrow_december_15_2020/gfun1g2
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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

Fuck you all, I’m never listening to this sub again.

Yesterday I said we’d see a rally like we’ve never seen before I was ridiculed and the market went down this morning so I accepted defeat and sold my nvda calls and got tesla puts. My account is down bad right now. I also hedged with a tesla call so hopefully I’ll make something. Somehow oil also tanked. Fuck you all. I’m only listening to myself now. You’re all retarded and so am I for listening to you. Edit: not sure why some of you degens think I’m blaming you. Of course it’s my fault. This is a shitpost update. Stop taking it so seriously you retards See you tomorrow
March 2022

WallStreetBets

Police clearing out a homeless encampment

On my way into the office today I saw the police clearing out a homeless encampment under a bridge, forcing them into the cold and rain. I keep playing it over in my head and haven’t been able to focus on work all day because of my erection.
January 2021

WallStreetBets

I’m a simple guy

I’m a simple guy. I don’t know about all these fancy “financial instruments” or “market dynamics” or “where the clit is.” I like the stock, I buy the stock.
January 2021

WallStreetBets

My instagram explore tab is full of...

My instagram explore tab is full of asian girls. How do I get rid of this so my gf doesn't see?
December 2020

WallStreetBets

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