You could theoretically be a billionaire in your lifetime by setting aside $5,000 per month, and investing in a concentrated portfolio of ~10 free cash flow generative businesses without ever raising money.
You’d have to average returns of 25-35% annually, never take a
@Plinz
Very few if any machine learning models have proven worth while for trading. However if they exist, they are kept secret and guarded carefully as they should be. Running crypto prices through an LSTM is nothing but a pipe dream.
How will Sora affect media companies? $WBD, $DIS, $PARA report "content" as the biggest asset on their balance sheet. What do these companies look like in a low barrier to entry of content production world?
@bucketshopcap
I mean, some of the most successful people on Wall St. have 10-12 concentrated positions in large cap companies and provide above market returns YOY,
@BillAckman
for example
@BasedBeffJezos
The entire college feedback loop is corrupt. It's an odd, well funded echo chamber. There's hundreds of thousands of "researchers" at universities, yet it seems like meaningful progress was halted in the early 70s
My two short calls :
$GTLB (Github crushes Gitlab on virtually every front, no serious dev uses this anymore) called on 3/27/24. Down ~6%
$WBD (horrible business model, subject to text-to-video model disruption) called 2/16/24. Down ~10%
@___0x2A
@wagieeacc
I think you should spend at least 500 hours researching a stock before investing in it. As I do not invest full time, I will not be fully invested for several years
@theficouple
The bigger myth is thinking 20-25% down is some bank rule to your disadvantage. Having a 95% leverage portfolio would be scary to me, a slight market pullback leaves you under water. Nothing against it- but you have to be comfortable with that amount of risk!
@amasad
This is great. I love being able to go from idea to prototype in 24hrs. I wish there was more integration with my tools tho, particularly I wish I could work with replit in VS Code