[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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GameStop vs Amazon

i’m not sure how up to date you are on the whole GameStop situation but Amazon is heading for bankruptcy and GameStop is now their biggest competitor. market cap isn’t there yet, but the company plan is on track. also Jeff Bezos is the target of every major corporation now. Amazon CANT survive the next few years with their increasing bad reputation from littering and burning unused inventory to labor rights with their workers being violated. Amazon sounds great, until you look underneath the hood and see all the parts are grinding and screaming. GameStop is targeting Amazon to be the epicenter of e-commerce/gaming. this GameStop earnings has been MASSIVELY anticipated and i believe Amazon will continue to develop a negative correlation to GameStop. so what do they have to do with each other? competitors and GameStops about to make the move with a bite to the jugular.
September 2021

WallStreetBets

You toss and turn as Elon gently rubs your shoulders

You toss and turn as Elon gently rubs your shoulders. "You seem a little tense" says Elon, as you look at your bank account. Your phone shows $107 left to your name. You think to yourself while Elon rubs you down, you pull open Robin Hood, type in TSLA. Leaps $900 JAN 2023' are only $1 you can afford 1 leap. This is finally your chance to get rich, you'll be able to actually buy a Tesla. You ask Elon what the next Tesla will be. He says "U, for 'you'" as he smiles sweetly. You picture him dancing on stage explaining U S3XY to everyone multiple times as you smile back at him. All of a sudden Elon flips on the TV to CNBC to catch the tail end of Jim Cramer, you see a new law has been passed, "we believe options have inflated the markets into a bubble, we will be imposing a new rule next week only allowing accounts that qualify for day trades to also purchase options with a $25,000 barrier to entry." You start weeping aloud, you feel a caring hand wipe your tear away, it's Elon again, "what's wrong my little X'√π3?" Suddenly you wake, you're in a pool of sweat, at first you panic about the new options policy, then you're filled with relief realizing that options aren't restricted it was all a dream. You realize this was actually a vision to earn 200,000% gains to buy a TSLA leap. You log into RH, it welcomes you with your $107 balance, you plug in TSLA yolo 2023 @ $900 and realize the options are actually $20 each. The best you can do is $900 TSLA weekly expiring around Christmas. In a slight fit of despair you try to remember the feeling of Elon rubbing your cheek, and rub one out onto your stomach, then roll over back to sleep. A single tear rolls from your eye into your waifu pillow. YOLO you whisper.
December 2020

WallStreetBets

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

Am I the asshole for dropping my 6 year old son at an orphanage for his inability to trade options?

This started about 4 years ago when my son was 2 years old. I started to supplement his picture books and cartoons with beginner options books and Martin Shkerli's live videos on how to pick pharmaceutical stocks. Over the course of these years I feel like he has retained absolutely nothing even though I have spent every waking minute trying to make him understand. I have done almost everything that I have thought of including having Jerome Powell's speeches play while he is sleeping and only having Warren Buffet on the TV to try and make him understand the market. I felt as though I got to a breaking point when he couldn't differentiate between a straddle and a strangle even though we we went through different strategies for almost a month straight. I finally convinced my wife that we were doing the right thing when I said that he will soon be a Wendy's worker begging his wife's husband for a weekly allowance because he will never amount to be anything. I couldn't fathom raising a kid who was not able to able to make a profit from trading options by the time he was 10. With all that said if anyone wants a 6 year old child who is shitty at market strategy check out Eternal Sunny Orphanage in Omaha, Nebraska and maybe your luck will be better than mine with him.
September 2021

Am I The Asshole?

WallStreetBets

I just smashed my TV because of the SPY

I just smashed my TV in front of 30 guests at my house because of the SPY. My wife just took our crying kids and said they’re all spending the week at a hotel. This sub has ruined my life and my party. I can’t handle this anymore. Goodbye Powell. I am no longer a fan.
March 2022

WallStreetBets

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