Trading/Investing Thread - Page 12

On February 15 2020 03:09 KwarK wrote:
Price per share doesn’t mean anything Vivax. Every now and then you make weird comments like that and the one about stock buybacks and it’s suddenly evident in that you’re not understanding the foundational concepts here.

Also what?

On February 15 2020 03:15 Vivax wrote:


I don't think the foundational concepts are that relevant to trading any more. I'll just have my positions tell me if I'm right or wrong.

You're either long or you're short. 50 50 off the bat. That's why I use the roulette analogy.

Any of you guys invested in that stock or?

On February 15 2020 03:19 KwarK wrote:

You're trying to say that Tesla is overvalued because the share price is higher than the Microsoft and Apple share price combined and therefore Tesla is worth more than Microsoft and Apple combined but a share of Tesla gives you a different percentage of ownership of Telsa than a share of Microsoft does Microsoft. You're outing yourself as unfamiliar with what a share is. The foundational stuff like knowing what a share is is pretty relevant. Your analysis of "Telsa is overvalued because 1/x Telsa > 1/y Microsoft" is pretty lacking when you don't know that x <> y.

Also roulette isn't a game of skill, nobody anywhere is good at roulette.
It's also not 50/50.

On February 15 2020 03:27 KwarK wrote:
What exactly is your strategy for skewing the odds in Roulette in your favour through "being good"?

On February 15 2020 03:25 Vivax wrote:


Yeah the 0 and 00 are there too. I'm not being too technical here.
Forgive me if I don't want to split hairs with you about this stuff. I know you are more knowledgeable about economics.
I'd like to remain with a time will tell.

On February 15 2020 03:30 KwarK wrote:

It's not about splitting hairs, it's that you're very openly unfamiliar with what a share is and yet still giving your opinions on them.

This is like if you were going into an animal welfare topic and kept confusing birds with fish but didn't really think it was an important distinction. That's the level of ignorance we're talking here, it's like if you were saying that you think the key to keeping healthy fish as pets is a big cage and plenty of seed.

You don't know enough about this to know how silly you sound but imagine if instead of shares it was that. That's what you're doing here.

On February 15 2020 03:38 Vivax wrote:


I'm not a broker or a market maker. When you trade, price is the only thing that matters. You can trade successfully while not having any idea of how the proceedings actually work .Market capitalization aka price x number of shares is what you're talking about. But is that relevant to making a bet that the price will go down? Trading is all betting, doesn't require me to have an economics degree.

Help me understand your motivation behind this lecturing please?

On February 15 2020 03:44 KwarK wrote:

Price is not the only thing that matters. Your argument was that the price of a share of Tesla is more expensive than the equivalent of 42 shares of Microsoft and therefore Tesla is more expensive than Microsoft and overpriced. You might as well say a box of 10 cookies costs 20% more than a box of 5 cookies and therefore a correction to price parity is long overdue and the 10 cookie box should be shorted.

Your ignorance on this topic is absolutely astounding, as is your refusal to acknowledge that valuation of the box of cookies depends on both price and the number of cookies it contains (price per cookie being the relevant metric).

On February 15 2020 03:49 Vivax wrote:


That's an argument that came to my ignorant mind while quickly writing a post. I'm not trying to be academic here, sorry. I can direct you to several sources more savvy than I am, if you explicitly wish.

I don't understand why anyone would get so worked up over my posts when all I'm doing is keeping a log of my current expectations for the few active in this thread.

On February 15 2020 03:55 IgnE wrote:
if vivax wants to gamble let him gamble. its like having a sports betting thread where people come in and tell you their opinion based on filtered news reports. people like to do it for some reason

On February 15 2020 04:02 KwarK wrote:

“It’s not gambling, it’s a game of skill, like roulette”

On February 15 2020 04:02 KwarK wrote:

Because you don’t care enough to even develop an entry level understanding of the subject and yet keep posting in spite of that carelessness.

It’s weird that you care enough to have opinions but not enough to understand them. Like having a favourite soccer team and talking about how you expect them to win the Super Bowl. Do you not see why you might get a similar response if you kept talking about how the Patriots were clear favourites for the Champions League this year because Kobe died?

If you want to discuss share prices can you at least spend 15 seconds reading about what a share is?

White House weighs tax incentive for stock investments, CNBC reports

Under one scenario, a household earning up to $200,000 could invest $10,000 on a tax-free basis, although officials noted these numbers are fluid

On February 15 2020 04:07 IgnE wrote:


dont take it literally. you’ll kill the fun

“the pats +3 is totally insane, vegas has it wrong, brady is throwing super well in practice and has a stretching routine”

On February 15 2020 20:38 Vivax wrote:
Interesting chart. What to make of it?

On February 16 2020 00:40 KwarK wrote:

Chart is manufactured correlation. They’re on two different scales and the scales aren’t normalized or starting at zero. The lines wouldn’t be anywhere near each other if they hadn’t adjusted both the starting point and the intervals to make them close to each other.