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October 1, 2013 @ 03:26 PM
thrillmatic

Post: 746

Join Date: Nov 2011

Today is the first day for the fourth quarter of the financial calendar. Several weeks ago I saw a few threads seeking information on financial matters, and I posted with advice. I also stated I would, at an appropriate time, start a thread devoted to financial and economic topics. Here we are.

economics - the branch of knowledge concerned with the production, consumption, and transfer of wealth.

finance - the management of large amounts of money, esp. by governments or large companies.

For those of you who want to educate yourself on these fields, below are some websites which will help. Do read them before you add comments in the thread because irrelevant or inaccurate information will do none of us any good.

For terminology and definitions:

Investopedia

For news stories and analysis:

MSNBC (FL)
Rolling Stone (FL)
The Economist (LC)
CNN Money (C)
CNBC (RC)
Wall Street Journal (RC)
Forbes (RC)
Fox News (FR)
National Review (FR)

For advanced readers:

Zero Hedge (C)

Books:

The Intelligent Investor by Benjamin Graham (This version included foreword by Warren Buffett and commentary by Jason Zweig) (C)
Your Money and Your Brain by Jason Zweig (HR)
Freakonomics and SuperFreakonomics, both by Steven Levitt & Stephen Dubner (HR)
Naked Economics by Charles Wheelan & Burton Malkiel (LC)

Key : (FL) - Far Left/Very Liberal ; (LC) - Left of Center/Somewhat Liberal ; (C) - Centrist ; (RC) - Right of Center/Somewhat Conservative ; (FR) - Far Right/Very Conservative ; (HR) - Have Not Read

(designations are based on economic/fiscal policy, not social issues)

Once this thread gains traction, the best method for new forum members who haven't participated, is to just jump to the most recent page, then read 2-3 pages back to gather an idea of what is the current topic.

To conclude...greed is good.


"Rap in 2012 is basically just a mad dash for people of EVERY human subset to be represented by a rapper." - damnwitless1

October 1, 2013 @ 03:34 PM
thrillmatic

Post: 746

Join Date: Nov 2011


"Rap in 2012 is basically just a mad dash for people of EVERY human subset to be represented by a rapper." - damnwitless1

October 1, 2013 @ 03:38 PM
thrillmatic

Post: 746

Join Date: Nov 2011

Let's start this off good. The federal government has announced a shutdown for the first time since 1995.

Links? Thoughts?

"Rap in 2012 is basically just a mad dash for people of EVERY human subset to be represented by a rapper." - damnwitless1

October 1, 2013 @ 03:50 PM
awhitehippy

Post: 649

Join Date: Apr 2012

Location: Lost Angeles

I'm planning on investing in some stocks, I need to study things out first though.

I've been hearing a lot of the shut down though. More info?

x

October 1, 2013 @ 04:49 PM
Pantic

Post: 3824

Join Date: Jan 2010

Location: cold north

I just finished reading The Firm: story of McKinsey. Really good book, nice introduction to the business world in general, what problems can occur and just alot of crucial knowledge. If anyone thinking about entrepeneurship i'd take a look at this
October 1, 2013 @ 05:22 PM
SHARKlN

Post: 5135

Join Date: Apr 2012

I think economics and finance are experiencing somewhat of an existential crisis with implementation of 21st century technologies. Maybe not economics so much, because there are good theories that somewhat apply, but they are largely incomplete. Movement within economic markets is drawn too far and fast for traditional theory to properly analyze. In financial markets, the only trending constant, time, is manipulated through swaps and futures to create entire secondary markets based on predictions that are not derived from the same results as a natural market. I think finance is completely broken, on a fundamental level, and we are only worsening it with political banking in financial markets. I'd like to see accountability across the board from broke spenders to policy makers, but that's laughable. Seeing how the average individual deals with economics, why do we expect more from a collective who has the option to pander?
October 1, 2013 @ 05:51 PM
falsenaga

Post: 420

Join Date: Sep 2012

Let's start this off good. The federal government has announced a shutdown for the first time since 1995?

Links? Thoughts?
Don't even really see it as an economic issue, tbh. It had little to do with them not being able to compromise on a budget, and everything to do with the GOP being a bunch of cunts, per usual.
October 1, 2013 @ 06:24 PM
street lights

Post: 622

Join Date: Oct 2012

Location: creepin'

investments are probably the smartest economic decision you can make. seriously need to start reading up on this, thanks for the tips.

whoever down voting my shit is a fucking faggot that's jealous of everything about my life- Ronn_eL

October 1, 2013 @ 07:32 PM
thrillmatic

Post: 746

Join Date: Nov 2011

I think economics and finance are experiencing somewhat of an existential crisis with implementation of 21st century technologies. Maybe not economics so much, because there are good theories that somewhat apply, but they are largely incomplete. Movement within economic markets is drawn too far and fast for traditional theory to properly analyze. In financial markets, the only trending constant, time, is manipulated through swaps and futures to create entire secondary markets based on predictions that are not derived from the same results as a natural market. I think finance is completely broken, on a fundamental level, and we are only worsening it with political banking in financial markets. I'd like to see accountability across the board from broke spenders to policy makers, but that's laughable. Seeing how the average individual deals with economics, why do we expect more from a collective who has the option to pander?
Your delivery is very pretentious, but very true. Sadly, speculation is the name of the game. Thus we have the Federal Reserve sitting on hundreds of billions of dollars in mortgages which never had of chance of making adequate money. Even though we want to blame the behemoth, allegedly "too big to fail" Wall Street Banks, remember, people signed mortgages knowing they could not afford these houses. There are plenty of people who should be held accountable for their actions, not all of them are boardroom executives but they are the worst culprits.

"Rap in 2012 is basically just a mad dash for people of EVERY human subset to be represented by a rapper." - damnwitless1

October 1, 2013 @ 07:39 PM
thrillmatic

Post: 746

Join Date: Nov 2011

Let's start this off good. The federal government has announced a shutdown for the first time since 1995?

Links? Thoughts?
Don't even really see it as an economic issue, tbh. It had little to do with them not being able to compromise on a budget, and everything to do with the GOP being a bunch of cunts, per usual.
Very much an economic issue and not necessarily the GOP's fault, not
entirely. The GOP just likes to fuck with Obama only because they have
no agenda, but hyperinflation and debt is going to ruin this country.
What we're dealing with now is the result of irresponsible policies
imposed by administrations under Wilson, Roosevelt, Johnson, Nixon,
Reagan, the Bush dynasty and of course, Barack. The current
administration is in the situation of "wrong place, wrong time".
Entitlement benefits, like welfare and government heath care, are too
high and there are too many federal employees paid too much for too
little productivity. Personally, the debt ceiling should be raised, and I

will tell you why right now.

All
is well as long as oil is denominated (paid for) by the United States 
dollar. As the Chinese yuan becomes internationalized (basically, more large banks across the world reserving large amounts of yuan) and dollar.inflation continues, America will be in a world of hurt. Within the next 20 years, the yuan will pay for oil alongside the dollar and you will see oil prices rise to ridiculous heights. America's luck is knowing the yuan would never replace the dollar because American arms manufacturers are involved in a cycle of distribution which puts weapons, and 
military supplies and miscellaneous technologies into the hands of oil producing countries. Therefore, our currency will always be valuable to countries like Venezuela, Nigeria, Saudi Arabia and a few other Middle
Eastern countries.

If the yuan ever replaced the dollar as the official currency of oil, the United States of America would officially become a third world country. Yikes!

"Rap in 2012 is basically just a mad dash for people of EVERY human subset to be represented by a rapper." - damnwitless1

October 1, 2013 @ 08:12 PM
thrillmatic

Post: 746

Join Date: Nov 2011

http://rapradar.com/2010/02/17/birdmans-oil-company-goes-bust/

Anyone remember this? I'm sure he had his reasons...

"Rap in 2012 is basically just a mad dash for people of EVERY human subset to be represented by a rapper." - damnwitless1

October 1, 2013 @ 08:13 PM
backlikethat

Post: 5305

Join Date: Feb 2009

I am the economy.
October 1, 2013 @ 08:21 PM
beenyce

Post: 575

Join Date: Oct 2009

Location: Connecticut

fuck the federal reserve. fuck ben bernanke. fuck QE 1, 2 and 3. i hope the debt ceiling doesn't get raised and people start moving to Bitcoin cool
October 1, 2013 @ 09:01 PM
thrillmatic

Post: 746

Join Date: Nov 2011

fuck the federal reserve. fuck ben bernanke. fuck QE 1, 2 and 3. i hope the debt ceiling doesn't get raised and people start moving to Bitcoin 
you only use money for drugs and child porn?

I'm planning on investing in some stocks, I need to study things out first though.


I've been hearing a lot of the shut down though. More info?
Good rule of thumb is to "buy low, sell high." After the new year begins, investors dump large amounts of commodity retailer stocks (Best Buy, Toys R Us, Dick's Sporting Goods) because their value drops as they return to normal earnings levels. Buy stocks at that time. Don't trade at all over the next three financial quarters. Sell them at the peak of the next holiday season, pocket profit after taxes, then buy more after the new year. You'll make less money but the process is secure and easy when execution is concerned.

Also, keep your eyes open for when promising companies talk about allowing stocks to be publicly traded. You will get stocks at a good price and the value will fluctuate over the first few weeks after the IPO (initial public offering), so you may spend more than the actual value when the fluctuation calms down. However, holding on to the stocks will prove to be profitable if the company is successful in the future.

If you bought $400 of Apple stock instead of the original iPod (at the time of its release), your stock would be valued at $27,000 today. Be on the lookout for anything innovative, and pay attention to changing trends which could cause companies to crash and burn.

"Rap in 2012 is basically just a mad dash for people of EVERY human subset to be represented by a rapper." - damnwitless1

October 1, 2013 @ 10:58 PM
powerball

Post: 793

Join Date: Jul 2008

thrill where'd you go to school again? i remember something about university of chicago but i forgot
October 2, 2013 @ 05:19 AM
Moises Arias

Post: 2036

Join Date: Mar 2011

thrill how much of a profit have you made since you started trading?

My name is ASAC Schrader, and you can go fuck yourself.

October 2, 2013 @ 06:52 AM
Homes

Post: 509

Join Date: Oct 2008

Location: Seattle

Let's start this off good. The federal government has announced a shutdown for the first time since 1995?

Links? Thoughts?
Don't even really see it as an economic issue, tbh. It had little to do with them not being able to compromise on a budget, and everything to do with the GOP being a bunch of cunts, per usual.
Very much an economic issue and not necessarily the GOP's fault, not
entirely. The GOP just likes to fuck with Obama only because they have
no agenda, but hyperinflation and debt is going to ruin this country.
What we're dealing with now is the result of irresponsible policies
imposed by administrations under Wilson, Roosevelt, Johnson, Nixon,
Reagan, the Bush dynasty and of course, Barack. The current
administration is in the situation of "wrong place, wrong time".
Entitlement benefits, like welfare and government heath care, are too
high and there are too many federal employees paid too much for too
little productivity. Personally, the debt ceiling should be raised, and I


will tell you why right now.

All

is well as long as oil is denominated (paid for) by the United States 
dollar. As the Chinese yuan becomes internationalized (basically, more large banks across the world reserving large amounts of yuan) and dollar.inflation continues, America will be in a world of hurt. Within the next 20 years, the yuan will pay for oil alongside the dollar and you will see oil prices rise to ridiculous heights. America's luck is knowing the yuan would never replace the dollar because American arms manufacturers are involved in a cycle of distribution which puts weapons, and 
military supplies and miscellaneous technologies into the hands of oil producing countries. Therefore, our currency will always be valuable to countries like Venezuela, Nigeria, Saudi Arabia and a few other Middle
Eastern countries.

If the yuan ever replaced the dollar as the official currency of oil, the United States of America would officially become a third world country. Yikes!
Ignores the fact that America will be a net exporter of oil and one of, it not the largest oil producer within the next 20 years
October 2, 2013 @ 07:08 AM
thatniggatho

Post: 929

Join Date: Dec 2012

OP kicked off this thread good. Solid links to solid sites and its good he specified which way they 'lean' .. You'll learn in the investment world.. bias hurts you.. So, it's good to know where people are generally coming from w/ commentary.. get commentary from all sides/views.. mash it together and form your own unbiased via. Being emo/biased hurts you in making $$$.

Have been trading on the side since 07'. As I kept thinking to myself this shit is going to go bust, I started out shorting (betting they were going to go down)banks/housing stocks . Some of my profits were eaten up when things reversed but then I started going long (betting they were going to go up) banks/housing/everything under the sun.

I now trade all sorts of stuff : 
> Energy / Commodities / Bio firms / solar (BP/MCP/SZYM/FSLR)
> Telecom (T/VZ) - Both of these cats win from all these ninjas buying smart phones...
> REITS (AGNC/NLY) 
> Tech (social media) : YLP/FB/LNKD (yelp - facebook - Linked in)
> Tech : TSLA/INTC
I also trade options when necessary 

I've seen the ups and downs.. Now the market is sideways and risky as fuck. 
Buy low sell high.. sure but its not always goign to work out that way...
Someone made sound advice about IPO's... keep your eye out .. However, they're risky for a reason.
Big Reward  = Big risk
If something seems obvious to you, it's obvious to everyone else and the market doesn't tend to pay out the majority (view)
Information .. namely the timeliness of it is important. If it's obvious Apple is releasing a product on date X and they inform people on date Y .. you're going to see the 'potential' of the product priced in by Date Y.. By the time its on the front page of the news paper, it's too late to trade it.. it's likely already been 'priced in'

American Economy is in shambles to be honest w/ you. Why is the market playing on all time highs? well, that's because the federal reserve is printing ~80-100 billion a month stabilizing it.. Banks get it.. trade markets... make tons of money

In essence, the markets are currently depending a lot on the govt./federal reserves constant racking of debt... It's not a good look and will end in tears soon.


Lots of the top companies are already priced at their top ranges.. That goes against buying low and selling high.. So, be careful stepping in the game now. Go look at 06/07/08', we are likely heading towards that.

That being said, if you're willing to take the risk, do the work and research and you have capital... : 10k or something.. step in the game. start slow .. research and learn the game. But do plan on at least playing w/ 30k eventually .. it's a waste of time and effort otherwise.. the bigger your pool of cash, the bigger the absolute returns...
5% of $1,000 is : $50
5% of $10,000 is : $500
5% of $100,000 is : $5,000

k, you get the point... 

Put on training wheels .. learn the game w/ small stacks but plan on having bigger stacks if you start putting a good amnt of time in...

Markets are a place to multiply capital you already have.. so you need capital .. a good amnt to make it worth it long term.

Tons of ways to make money in life.. Don't think markets are the end all be all.. Markets don't just hand you money .. they multiply what you already have.. so first, you need to  : GET money

America = capitalism.. When AT&T screws you over as a customer, shareholders benefit.. Most corps screw people.. So, you're gonna want to get their stock and participate in the spoils of that screw job.. that's america. If you're not a part of it, you're a victim w/ no benefits.. that side piece who gets used and told to you can't sleep over the night...

You're tax dollars and govt. policy benefit corporation... Democrats/Republicans.. they all fuck people over.. Black/white.. they don't care about you ninjas. They're powerful and monied and you're not.. Why is this important?

Lets take some examples.. 
BP oil disaster hits.. Stock gets slammed : 
http://economistmom.com/wordpress/wp-content/uploads/2010/06/bp-stock-drop-cnn-money-060110.png


Alright .. so you wait a bit.. k, BP is to blame.. k, they are gonna contain it.. containment costs low.. disaster damage price unknown.. who is going to exact that disaster damage cost? US govt... Alright, so pause my ninja.. I just said US govt benefits corps and are always looking out for em... So, how do you play this.. wait till the media makes it seem like the govt is gonna rip em a new one.. But remember : govt is not... So, max fear, you buy BP on the low.. Boom.. you get them at like 30/31 .. Stock is back up to 41.. US govt gave em a slap on wrist...

Obeezy care : 
Now I know what you're thinking.. black president.. democrat .. he's gonna help all the poor people.. nah ninja, he's going to say one thing and do another..So what does an investor do? Buy the fear.. Fear (which is a lie) : healthcare companies are screwed... Reality : they are going to be making shit tons off this... So you buy some UHC .. some cigna.. some CVS (that's where poor peeps now go for general physician services).. You bank nigga..

Govt (federal reserve) : 
Printing 80-100 billion a month to prop up govt. debt via bond market.. thus bond rates gonna sink.. you bet that..
You buy some reits as they leverage low rate govt. money to buy up MBS.. and the feds are backing MBS .. 

Facebook/yelp/linked/instagram/twitter in:
Ninja, you're their product... and you're free.. you  give them all your info daily.. info is $$.. they sell that shit to marketers . who then use that info and manipulate you to buy more shit you dont need.. making corps more rich and you more poor.. Perfect investment? Why, ninjas love upping themselves.. people love the idea of making their lives out to be something its not... Time is money and ninjas spends lots on these sites.. boom, buy em all .. were talking 120%+ returns on the investment avg between these. .. your $10k just turned into $22k

All sorts of examples.. you gotta see opportunity and strike .. and have conviction in markets

But remember .. you need capital first and right now shit is tough in markets.. I am getting ready to start betting on it dropping.. Americas becoming broke.. Democrats and Republicans both are running up debt like drunk fucks... 40 million+ americans on welfare/food stamps? unemployed? These ninjas are trying to pass bills to give 10-12 million illegal immigrants amnesty.. you know, taking jobs from some of the most disadvantaged people in America and driving it lower..


Obeezy is meanwhile pushing obamacare which has resulted in people getting laid off by the truckloads.. increasing healthcare costs.. causing employers to reduce people from fulltime to part time.. from partime 38 hours to 20... 
This nigga don't care about yall.. He's part of a different world man...

Educated? Well ninja, they are attacking educated jobs w/ more supply to .. in order to run down labor costs.. you increase supply .. So they lie : 
http://www.washingtonpost.com/business/economy/study-there-may-not-be-a-shortage-of-american-stem-graduates-after-all/2013/04/24/66099962-acea-11e2-a8b9-2a63d75b5459_story.html

And then the corps. use lobby groups to get more H1b-visas.. :http://www.usatoday.com/story/news/nation/2013/04/29/tech-companies-lobbying-immigration-facebook-family-visas/2121179/ (Oh shit its Zuckerberg) ... $$$$$

Markets for me were a wakeup call.. I got into them by chance when I started researching how the American economy works.. It's a place where the spoils of all the looting and corruption go. There's legit companies doing their thing too.. and the spoils end up in markets.

So markets/economy... that's where the power brokers of the world are. That's where that gap between the rich and poor form... While certain ninjas (A) are out compounding the decrease of their money : spending their paychecks on stupid shit + racking up credit card debt w/ interest .. Other ninjas (B) are out compounding the increase of their money via investing in the corps that Ninja (A) is being useless shit from.

Most ninjas have been at the bottom of the food chain throughout human history w/ just a few on top.
Which one are you gonna be?

It's the circle of life.

In closing though : Money doesn't buy happiness .. Some of the richest niggas in the world are some of the most lonely unhappy ninjas... That being said, being broke isn't fun either. Find a good balance and find good ways to make $$ ez... Are you gonna be in the A/C clicking buy/sell or working countless hours for another ninja? Do both ... until you can do your own thing.

Get your balance right, live life, and GET THAT MONEY
/10char
October 2, 2013 @ 08:09 AM
Homes

Post: 509

Join Date: Oct 2008

Location: Seattle

To be clear, a lot of the advice in this thread is regarding 'hot' stocks and industries like Facebook, Linkedin, Amazon (tech) when if you talk to any true investor or hedge fund manager they will tell you a thousand times over that the best stocks are the most boring ones. If you are reading about a stock in the news, AT ALL, it is already priced inaccurately to some degree by all the armchair investors who read about it in the newspaper and decided they wanted to buy. My best investment this summer was RRD, a boring ass paper company that generated me a nice return of 53% when I sold. At the time when I bought it, you could hardly find any coverage of it, even online, and the few articles that were out there had written off the company and were sure it was dead. I'm about to do it again with LMIA, an airplane parts supplier. Just a word of advice.

You probably all remember the example of around this time last year when everyone was talking about how Apple had more money than God and had no where to go but up, and a month later their price had dropped ~$300 and still hasn't recovered.
October 2, 2013 @ 08:10 AM
thrillmatic

Post: 746

Join Date: Nov 2011

10char    

"Rap in 2012 is basically just a mad dash for people of EVERY human subset to be represented by a rapper." - damnwitless1

October 2, 2013 @ 08:38 AM
sbesus

Post: 201

Join Date: Apr 2013

Only thing I remember bout Economics was that, it's all based on choices. You gotta Trade resources wit other people to beat Scarcity and to Produce more than you could without trading. HS shit but this some College shit.

  

EXCLUSIVE HB BEATS @ https://soundcloud.com/hbcypher by HB PRODUCERS

October 2, 2013 @ 08:39 AM
thrillmatic

Post: 746

Join Date: Nov 2011

10char     

"Rap in 2012 is basically just a mad dash for people of EVERY human subset to be represented by a rapper." - damnwitless1

October 2, 2013 @ 08:43 AM
thrillmatic

Post: 746

Join Date: Nov 2011

10char    

"Rap in 2012 is basically just a mad dash for people of EVERY human subset to be represented by a rapper." - damnwitless1

October 2, 2013 @ 08:46 AM
thrillmatic

Post: 746

Join Date: Nov 2011

Apple tanked because Google (Android) and Samsung were teaming up making better phones. I can tell you right now, the Galaxy S4 is much more efficient than the iPhone 5, for the price. Apple maintains its market share (15% i think) due to a strong advertising campaign which maintains a certain lifestyle associated with their products

the "which phone is better" argument is for the tech thread, but numbers don't lie

"Rap in 2012 is basically just a mad dash for people of EVERY human subset to be represented by a rapper." - damnwitless1

October 2, 2013 @ 08:58 AM
It's Only Hype

Post: 5687

Join Date: Jan 2008

Skimmed through, lots of interesting insight. Gonna read through tomorrow, but nice thread
October 2, 2013 @ 05:06 PM
Soul Rize

Post: 2122

Join Date: Dec 2010

Location: Houston

dam reppin my old hood lol

Cmon get down with a real nigga wussup

October 2, 2013 @ 05:19 PM
nat turner

Post: 1775

Join Date: Jul 2008

With this shutdown, are stock prices lower for some companies? 

http://pureandgood.tumblr.com/ IG: thevictoryspeech

October 2, 2013 @ 06:08 PM
thrillmatic

Post: 746

Join Date: Nov 2011

With this shutdown, are stock prices lower for some companies? 
NASDAQ, DJIA and S&P 500 have all had their trough (down) moments over the last 3 quarters. Pay attention to three trends which will determine how these indexes perform.

1. Conflict with Syria
2. Management of Chinese debt holdings (tied into #1)
3. Government shutdown (tied into #1 and #2)

All three trends/issues are connected to dollar inflation. Obama wants to solve Syrian conflict as to bring stability to oil prices while bodying Iran and Russia. Chinese ownership of US debt via treasuries from the Fed could cause problems if China sold the treasuries and used the obtained dollars to buy oil and drive prices wayyy up, but won't happen because of China's reliance on USA for importing Chinese goods. Government shutdown was designed to help Congress control spending and inflation.

Once again, all will be well as long as the United States dollar is the only currency used to puchase oil from producing countries, even Iran. Problem is, even with easy access to oil...everyone in this country is still broke. No money = no domestic spending.

The indexes have suffered because they are heavily reliant on foreign oil to operate, and fluctuations in barrel prices cause problems. The shutdown also hurts consumption on the most expensive commodities, many of which are included in the three indexes. However...

Last friday, all three indexes were down while performance in every sector was up. Why? People are buying the same goods from less expensive and less popular companies. Dig deep into the NYSE and pick a company in each sector which has been showing consistent gains and make a plan for when you want to sell their holdings.

Sector List

"Rap in 2012 is basically just a mad dash for people of EVERY human subset to be represented by a rapper." - damnwitless1

October 2, 2013 @ 08:44 PM
thatniggatho

Post: 929

Join Date: Dec 2012

To be clear, a lot of the advice in this thread is regarding 'hot' stocks and industries like Facebook, Linkedin, Amazon (tech) when if you talk to any true investor or hedge fund manager they will tell you a thousand times over that the best stocks are the most boring ones. If you are reading about a stock in the news, AT ALL, it is already priced inaccurately to some degree by all the armchair investors who read about it in the newspaper and decided they wanted to buy. My best investment this summer was RRD, a boring ass paper company that generated me a nice return of 53% when I sold. At the time when I bought it, you could hardly find any coverage of it, even online, and the few articles that were out there had written off the company and were sure it was dead. I'm about to do it again with LMIA, an airplane parts supplier. Just a word of advice.

You probably all remember the example of around this time last year when everyone was talking about how Apple had more money than God and had no where to go but up, and a month later their price had dropped ~$300 and still hasn't recovered.
Every company is 'undiscovered' more or less until it is 'discovered'. That goes w/o saying.... TSLA was very known but obviously not known well enough ...  It's up more than 400% in less than a year... AT&T/Verizon ... It was dam obvious to me, between AAPL (apple)/ GOOG (Google) that the telecom companies will win regardless when people start buying more smart phones.. That trade net'd me 48+% gains + 2 years of qualified dividends @5% annually.. There are all sorts of trades you can make... Once they become to 'hot' / overpriced .. any company becomes not worth the risk ... I can name 100s of boring stocks I made money off of .. I already did. When 'risk is on', you 'trade' accordingly .. when it is 'risk off' you do as well : 
"During periods when risk is perceived as low, risk-on risk-off theory states that investors tend to engage in higher-risk investments. When risk is perceived as high, investors have the tendency to gravitate toward lower-risk investments."

So, blindly centering on 'boring stocks' as a strategy actually isn't that great advice. Depends on your risk threshold, the underlying market trend, and all sorts of other factors.. Factors you learn by trading a wide range of risk pools and from learning from the times you made money and the times when you lost money.

FB/YELP/LNKD/NTFLX  are important because even a blind person should have seen it coming .. they at the top of their market and the growth potential is high.. and they are the future of their respective ventures. After that has become clear to everyone, yes.. the stock will be overpriced and it wont be worth it to take the risk buying 'high'...

Everyone thinks their stock pick or their view is 'unknown' to others.. It's a bad way of thinking.... And If I had a nickle for every time I've heard : "Any true investor or hedge fund manager they will tell you a thousand times over that the best stocks are the most boring ones.". Everyone thinks the stock they buy is boring and no one knows about this other than me. When you are trading 'size', your portfolio covers multiple industries and multiple risk categories... And hedgefunds.. these guys : 
http://www.scribd.com/doc/153179702/HedgeWeekly2013-No27 ? 

The results are mixed man.. Some performed like crap and others did well. The pros mess up sometimes too (royally). That investment banker sometimes makes horrible picks w/ boring stocks. The tides change all the time in markets.. Sometimes risk is on .. sometimes risk is off ... :
http://www.investopedia.com/terms/r/risk-on-risk-off.asp

 hindsight is 20/20 ... You made 53% on one trade. Someone else made 48% on something way less riskier and got dividends ... Another guy is thinking about tax implications.. Another guy made 400%+ ...Another guy just lost 80% of his capital on margin... Everyone's got a story... 

Sometimes you win.. Sometimes you lose.. could be a boring stock.. could be a hot stock. You can lose/win on either.
Start managing a six figure account where you have diversify your holdings... Then we see how well such theories hold up..

If anyone is serious about investing, once they are done reading the 'opinions' of everyone else [myself included], they are going to eventually have to stop and think on their own and take some form of action, monitor the outcomes, and learn from wins/losses. You're not going to get anywhere reading other people's views and success stories for years. Eventually you have to put your theories and conclusions to the test and get your hands dirty and learn from the results The Pro's opinion is sometimes just as bad as your own. However, unlike you, they have the 'size' and power to 'move' and 'make' markets.. A big reason why : results vary 

Just my 2 cents.
October 2, 2013 @ 09:31 PM
Artevious McFly

Post: 29

Join Date: Jul 2012

Location: London, UK

Haha this is soo cool. I'm starting a degree in Economics & Finance at university today. I wanted this thread a while ago but didn't think anyone would be interested. This is a great, thanks OP.

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