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How to invest money (it's really not very hard) - Page 2

Blogs > KwarK
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notesfromunderground
Profile Blog Joined September 2015
188 Posts
Last Edited: 2015-10-27 23:01:26
October 27 2015 22:07 GMT
#21
On October 28 2015 06:59 KwarK wrote:
Your sudden realization that people get old is not actually a unique insight you can use to make huge returns that nobody else knows about.


An important point. Despite the fact that EMH is a load of bunk, any poster on this forum is going to fall into one of two categories:

1) Dumb money that thinks it is smart money.

2) Dumb money that knows it is dumb money.

If you are going to buy into the massive ponzi scheme that is the US equities market, for the love of god at least please know that you are dumb money and act accordingly.

edit: I want to talk about the problem of 'conspiracy as such' but Kwark has banned me (he just doesn't know how to cope with the truth - the man has a strong fundamentalist streak in him). I want to hear from all of you: http://www.teamliquid.net/blogs/497442-conspiracies#1

Also, who is alex jones?
KwarK
Profile Blog Joined July 2006
United States44022 Posts
October 27 2015 22:12 GMT
#22
Alex Jones called, he wants his conspiracies back.
ModeratorThe angels have the phone box
Jerubaal
Profile Blog Joined June 2010
United States7684 Posts
October 28 2015 03:21 GMT
#23
On October 27 2015 13:33 notesfromunderground wrote:
How many generations are we talking about here...? How old do you think these equity markets are??

YOU are the historical anomaly. It's important to keep that in mind

You've basically transformed a socioeconomic phenomenon which is about 70 years old into "the way things have always worked since time immemorial." This is why Jameson described postmodernity as the collective forgetting of history, I think.

Show nested quote +
On October 27 2015 12:52 Jerubaal wrote:
On October 27 2015 12:27 notesfromunderground wrote:
On October 27 2015 10:33 KwarK wrote:
On October 27 2015 10:21 notesfromunderground wrote:
On October 27 2015 07:50 EJK wrote:
Over time, the stock market as a whole goes up that is a known fact.


up in flames more like it

Looks like someone sold at the low point in 2008. :D


I don't believe in gambling

I'm just saying, believing things like "the stock market always goes up over the long term, it's a fact" betrays a certain lack of historical perspective and a naive faith in the 'normalness' of one's own moment.


Welcome to Modernity.


mo' dernity, mo' problems :(


Huh, that's just what my old roommate used to say...Kevin?!
I'm not stupid, a marauder just shot my brain.
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