[Copypasta] Anyone basing trades right now on fundamentals is a fucking tool

So many arrogant fucks here love talking fundamental analysis when they can't even tell me if lil’ Yachty got another Ferrari much less how stuffed the fucking Oreos are now. Fucking clowns, all of them. Shut the fuck up and do your trades. If you really need a valuation multiple you can't even derive to tell you whether you should buy a stock or not, you deserve CHGG. Newsflash, the stock market never made sense nor will it. Best you can do is trade gourd futures you know about and feel with your hands that it hasn't been spotted by any number of fungal pathogens in the complex ecology of modern supply chains. Or alternatively manipulate markets like the rich investors who funnel you into silver every fucking time like clockwork. Warren Buffet's dad was Paul Revere, if you think that shit didn't help The Wizard of Omaha then not only are you retarded but also delusional. Now stfu about EBITDA and long term debt-to-equity ratios. If you actually knew what the fuck was going to happen you'd be chilling in r/lounge with a fat chick, not on wsb posting "anyone basing trades right now on technical analysis is fucking tool.”
February 2022

WallStreetBets

A parody of this post: https://www.reddit.com/r/wallstreetbets/comments/shrexz/anyone_basing_trades_on_technical_analysis_right/
What happened to this ad? :(
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$600 should last us for at least 5 months

Our government is so kind and caring for us. Waits till the very last minute to finally pass something and gives us $600 which should last us for at least 5 months. God bless this country
December 2020

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

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

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

Cathie Wood owns 100% of palantir and 110% of Tesla

December 2021. Cathie Wood owns 100% of palantir and 110% of Tesla (Elon Musk invented a more efficient form of security). ARK ETFs are trading at minimum $1,000 a share and investors are signing 10-year pledges just for the privilege. I log on to my Tesla taxi app and order a car. A vintage Roadster pulls up with EDM playing at a tasteful volume. "Where to, King?" asks the anime girl on the console. "You know where", I reply. Palantir knows. We both laugh and the car takes off to Wendys.
March 2021

WallStreetBets

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