How do I make money off this?
I want Cassandra levels of fuck you I told you so.
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How do I make money off this?
I want Cassandra levels of fuck you I told you so.
I'm going to give it some thought and then I'll tell you what I'm going to do.
DO THE OPPOSITE OF THAT.
My decision is 99.99999% guaranteed to be the wrong one. It always is lol
Short all these stocks of course. SOXS is a 3 times leverage short on semiconductors if you are feeling bold.
Short all these stocks of course. SOXS is a 3 times leverage short on semiconductors if you are feeling bold.
comments like this inspire me to become financially literate so that i could understand what was said.
It just means that when they finallystop buying semiconductors to fuel datacenters they aren't even building and the semiconductor stocks crash, SOXS will go up 3x for every dollar the semiconductors go down. Only problem is that no one can guess when that is, even if many are sure it's coming. It feels like soon but don't make financial decisions based on what some idiot says on the internet.
The market can stay irrational longer than you can stay solvent
Yeah, I wouldn't take trading advice from a group of people who are desperately hoping a for a certain technology to not exist.
Is AI overhyped and overused? Absolutely. Is its use doing to decrease? Most likely. Will it "collapse"? Don't bet on it. Or, well, do - I suppose. It's your money to lose.
As OP of this comment, I fully agree and strongly dissuade anyone from pursuing the ideas I am giving.
Tesla has been clearly overvalued for years. Had you tried to make money off shorting the stock - despite correctly observing this stock has to collapse at some point - you would have lost your shirt.
true, true
These days ChatGPT would respond:
"Money is printed in a mint, or more commonly deposited digitally into your bank account"
Then you'd need eight more clarifying comments before it "understood" what you were saying. This is because it was trained on reddit text.
"I did your mom", Reddit probably.
🍿🐢