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I'm just now learning about finance for the first time
Poast new message in this thread
Date: March 24th, 2026 12:08 PM Author: A Stripper Named Hegemony I haven't understood shit about money my entire life. Just figuring it out now. Better late than never. (http://www.autoadmit.com/thread.php?thread_id=5849224&forum_id=2\u0026mark_id=3986969#49765107) |
Date: March 24th, 2026 12:10 PM Author: adrian dittman in the same boat. any resources you'd recommend? (http://www.autoadmit.com/thread.php?thread_id=5849224&forum_id=2\u0026mark_id=3986969#49765111) |
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Date: March 24th, 2026 12:33 PM Author: A Stripper Named Hegemony it would be wasted on you. you'd never listen. (http://www.autoadmit.com/thread.php?thread_id=5849224&forum_id=2\u0026mark_id=3986969#49765162) |
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Date: March 24th, 2026 12:11 PM Author: community account (not racist) it's so jewish and tedious and off-putting
the financial system is literally just a scam and it's super lame and depressing |
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Date: March 24th, 2026 12:27 PM Author: A Stripper Named Hegemony It's basically set up so you have two options, become a scammer or get scammed. There's no in-between. Your either a sucker or a thief. (http://www.autoadmit.com/thread.php?thread_id=5849224&forum_id=2\u0026mark_id=3986969#49765146) |
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Date: March 24th, 2026 12:34 PM Author: community account (not racist) yep. not an exaggeration. that is actually how it works (http://www.autoadmit.com/thread.php?thread_id=5849224&forum_id=2\u0026mark_id=3986969#49765165) |
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Date: March 24th, 2026 12:59 PM Author: A Stripper Named Hegemony TIL (http://www.autoadmit.com/thread.php?thread_id=5849224&forum_id=2\u0026mark_id=3986969#49765226) |
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Date: March 24th, 2026 1:39 PM Author: ,;;, (http://www.autoadmit.com/thread.php?thread_id=5849224&forum_id=2\u0026mark_id=3986969#49765342) |
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Date: March 24th, 2026 12:14 PM Author: Scientists now believe https://www.youtube.com/watch?v=3hORkomSidM (http://www.autoadmit.com/thread.php?thread_id=5849224&forum_id=2\u0026mark_id=3986969#49765119) |
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Date: March 24th, 2026 12:16 PM Author: community account (not racist) (http://www.autoadmit.com/thread.php?thread_id=5849224&forum_id=2\u0026mark_id=3986969#49765121) |
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Date: March 24th, 2026 12:22 PM Author: MASE I'm taking an accounting class. Ho-lee shit this stuff is crazy (http://www.autoadmit.com/thread.php?thread_id=5849224&forum_id=2\u0026mark_id=3986969#49765136) |
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Date: March 24th, 2026 12:25 PM Author: :-P (gunneratttt) haha isn't GAP crazy?! (http://www.autoadmit.com/thread.php?thread_id=5849224&forum_id=2\u0026mark_id=3986969#49765141) |
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Date: March 24th, 2026 12:27 PM Author: MASE GAAP (http://www.autoadmit.com/thread.php?thread_id=5849224&forum_id=2\u0026mark_id=3986969#49765143) |
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Date: March 24th, 2026 12:30 PM Author: :-P (gunneratttt) π€― (http://www.autoadmit.com/thread.php?thread_id=5849224&forum_id=2\u0026mark_id=3986969#49765151) |
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Date: March 24th, 2026 12:34 PM Author: community account (not racist) isn't Math crazy? (http://www.autoadmit.com/thread.php?thread_id=5849224&forum_id=2\u0026mark_id=3986969#49765167) |
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Date: March 24th, 2026 12:30 PM Author: Talk to Alvor of Riverwood (πΎπ£) a heter iska appears (http://www.autoadmit.com/thread.php?thread_id=5849224&forum_id=2\u0026mark_id=3986969#49765154) |
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Date: March 24th, 2026 12:31 PM Author: A Stripper Named Hegemony welcome to Jerusalem, my friend (http://www.autoadmit.com/thread.php?thread_id=5849224&forum_id=2\u0026mark_id=3986969#49765155) |
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Date: March 24th, 2026 12:37 PM Author: ...,.,.....,,,.,,.. this is, and continues to be, beneath me. sorry, heathen. don't waste my time. (http://www.autoadmit.com/thread.php?thread_id=5849224&forum_id=2\u0026mark_id=3986969#49765175) |
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Date: March 24th, 2026 12:38 PM Author: community account (not racist) 180 (http://www.autoadmit.com/thread.php?thread_id=5849224&forum_id=2\u0026mark_id=3986969#49765179) |
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Date: March 24th, 2026 12:40 PM Author: HATE, LLC (making the world a better place) the language of the cosmos is just below his line (http://www.autoadmit.com/thread.php?thread_id=5849224&forum_id=2\u0026mark_id=3986969#49765183) |
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Date: March 24th, 2026 1:03 PM Author: ...,.,.....,,,.,,.. I make and spend very modest amounts and live within the means I have without complaint or hollow desire to "make more" for its own sakes. The details beyond that are for people far more fascinated with the business and minutiae of trade than I am. If you think that position is unreasonable, you might be 1. speaking in bad faith or 2. retarded. Thanks. (http://www.autoadmit.com/thread.php?thread_id=5849224&forum_id=2\u0026mark_id=3986969#49765232) |
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Date: March 24th, 2026 1:08 PM Author: HATE, LLC (making the world a better place) Some desire more than the reality with which they have been confronted (http://www.autoadmit.com/thread.php?thread_id=5849224&forum_id=2\u0026mark_id=3986969#49765236) |
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Date: March 24th, 2026 1:10 PM Author: :-P (gunneratttt) it depends on how ignorant you're choosing to remain. if you're talking about actual minutiae, sure. if you're talking about the basics of products you use, like a mortgage or investments, you should obviously have some sort of baseline understanding of what you're utilizing. (http://www.autoadmit.com/thread.php?thread_id=5849224&forum_id=2\u0026mark_id=3986969#49765239) |
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Date: March 24th, 2026 1:18 PM Author: A Stripper Named Hegemony I recently learned that there are assets that appreciate long term at much higher rates than the market. This really blew my mind. I thought value investing was a relic of the past but apparently you really can find growth stocks in the long run.
I also learned that there are still people who fuck with bonds and dividends. Get paid for someone to hold your cash and then get the principle back. I thought this didn't exist anymore either.
Really blows your mind when you realize there are people who go beyond just parking their money in the S&P. So many juicer asset classes. It's also really crazy how bad an investment real estate is. People complain about home prices, if you invest aggressively you will make way more money than any real estate inflation. Crazy people even complain about high values when they could be aggressively making money instead. Like oh my home went up 7%. OK but some asset somewhere went up like 10x. But muh home! You have to have a home! |
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Date: March 24th, 2026 1:20 PM Author: TurboGook-16 ((zurich is stained)) be careful here. if someone's pushing investments on you and claiming "this is way better than index investing!" it is likely some scam where the person is getting a % and it probably underperforms the s&p. (http://www.autoadmit.com/thread.php?thread_id=5849224&forum_id=2\u0026mark_id=3986969#49765265) |
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Date: March 24th, 2026 1:25 PM Author: A Stripper Named Hegemony This is true unless you discover Palantir early or you're 50 Cent and you invent Vitamin Water. Look there are obvious scams, non obvious scams. But there are also investment opportunities that are legit. You gotta go beyond the market. Yes there's increased risk. Yes you might lose everything and puke your guts out. But that's capitalism. Risk v reward. Just be smart about it. Know your personal risk tolerance.
I never invested in bitcoin because I'm too dumb to understand it and it doesn't appeal to me. Many other people did. A few got rich, most lost their shirt. You just have to find something that works for you. Find something you enjoy. Find an asset that makes you happy and that you care about. I know people who own TSLA just because they like Tesla. Find something to believe in that matters to you imo. |
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Date: March 24th, 2026 1:35 PM Author: :-P (gunneratttt) half of publicly traded stocks outperform the market, because "the market" refers to the average performance of the entire market. (http://www.autoadmit.com/thread.php?thread_id=5849224&forum_id=2\u0026mark_id=3986969#49765322) |
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Date: March 24th, 2026 1:38 PM Author: HATE, LLC (making the world a better place) (statistics master man) (http://www.autoadmit.com/thread.php?thread_id=5849224&forum_id=2\u0026mark_id=3986969#49765340) |
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Date: March 24th, 2026 1:48 PM Author: TurboGook-16 ((zurich is stained)) 50/50, you'll either beat the market or you won't (http://www.autoadmit.com/thread.php?thread_id=5849224&forum_id=2\u0026mark_id=3986969#49765369) |
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Date: March 24th, 2026 1:54 PM Author: A Stripper Named Hegemony Cr
And some outperform it by a lot. If you put everything you had in the S&P in Nvidia you'd be a lot richer. Like a way lot. Life altering money in many cases. But no one wants to think about it. Everyone is afraid of risk. Everyone is afraid of having a concrete opinion. What if it goes down! Fear holds a lot of people back from taking on the risk of investing in assets with a high potential to grow long term. |
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Date: March 24th, 2026 1:56 PM Author: TurboGook-16 ((zurich is stained)) most people would be best served to just put everything in an s&p index fund or a world stock index fund because over any 20-30 year period, the investments they pick will lose to them.
that said, index investing is only about half my portfolio and i have some individual stocks and SMH, VGT, etc. and bitcoin. |
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Date: March 24th, 2026 2:10 PM Author: A Stripper Named Hegemony Yeah what you're doing can't even really be described as investing. Of course the S&P is the mortal lock guarantee that's best for the average person. But think of the average person. It's like saying this is the best plan for people who don't know anything and have no plan. It's good that you diversify your assets and spread the risk around. But it's still not value investing. Investing is having a well thought out concrete idea that you truly believe in and going after it hard. For example in 5 years the S&P went up 65%. Pretty good right. And the risk was low, it rarely dips greater than 10% before rallying.
But Nvidia is up 1250% during that same time. And you didn't think to do it. I didn't either. But somebody did. And anyone could have. Somebody could have had the idea and been reading business journals all the time and actually know something concrete and actionable about the industry before it was on the front page of the Wall Street Journal.
I'm just saying that while yes you're right that it's a good idea for most people at the same time if you had done a fuckload of research and made a tough call and been right, you could have 10x'd your entire net worth and your whole life would be different. And you can't say oh well it's all unknowable and it's all luck and no one knows and how could anyone... Yeah, people do. People have an idea sometimes and they're right. They're actually spot on and they can make life changing against when they're right and it pays off. Yes it could go the other way and that's why it's risky. You take on a risk and you get the reward. |
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Date: March 24th, 2026 2:06 PM Author: :-P (gunneratttt) it's not that people are "afraid" of risk. its that they intelligently realize that they do not possess the acumen to pick stocks, or that the juice isnt worth the squeeze to spend their time doing equity analysis.
having a "concrete opinion" on something you don't understand isn't an intelligent opinion. |
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Date: March 24th, 2026 2:11 PM Author: A Stripper Named Hegemony Agreed but obviously some people do do research and are capable of learning things and know stuff ahead of time. Just because you or I don't have an idea worth pursuing with full force doesn't mean that no one can. Some people do figure things out and are right and are handsomely rewarded. But he's we're all prole idiots here when should play it safe. (http://www.autoadmit.com/thread.php?thread_id=5849224&forum_id=2\u0026mark_id=3986969#49765475) |
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Date: March 24th, 2026 3:33 PM Author: sealclubber what are these assets that appreciate long term at much higher rates than the market? (http://www.autoadmit.com/thread.php?thread_id=5849224&forum_id=2\u0026mark_id=3986969#49765760) |
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Date: March 24th, 2026 3:42 PM Author: A Stripper Named Hegemony Google says the average annual rate of return of the S&P500 since 1957 is 11%. So anything above that in a given year beats the market. Lots of things beat the market. In the last 5 years the S&P is up 65%. Nvidia is up 1266%. So some things obviously do beat the market. If everyone knew with 100% accuracy that Nvidia would beat the market by that much over 5 years, everyone would have done it. The reason not everyone went all in with their entire net worth on Nvidia is because most people didn't have a clear burning idea in mind that this was going to happen. But the fact is, SOME PEOPLE DID. Somebody somewhere made life altering amounts of money from picking an individual stock and betting big on it. These opportunities exist all the time and are available to anyone. While it might be very difficult to figure out exactly which stock is going to the moon, it's not impossible. Some people obviously do figure things out and beat the market consistently over time. It's available to anyone who has the ability to come up with a defensible idea based on evidence and the guts to ride it out. You or I or anyone could get insanely rich from investing if you have the right mentality and the focus to do it and you make the right moves. (http://www.autoadmit.com/thread.php?thread_id=5849224&forum_id=2\u0026mark_id=3986969#49765787) |
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Date: March 24th, 2026 3:49 PM Author: sealclubber you're a fucking moron, ace (http://www.autoadmit.com/thread.php?thread_id=5849224&forum_id=2\u0026mark_id=3986969#49765809) |
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Date: March 24th, 2026 3:51 PM Author: A Stripper Named Hegemony What part do you disagree with in specific (http://www.autoadmit.com/thread.php?thread_id=5849224&forum_id=2\u0026mark_id=3986969#49765814) |
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Date: March 24th, 2026 1:00 PM Author: A Stripper Named Hegemony (Louis XVI) (http://www.autoadmit.com/thread.php?thread_id=5849224&forum_id=2\u0026mark_id=3986969#49765228) |
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Date: March 24th, 2026 1:37 PM Author: Waingro dood if youre a newb just buy low fee index funds slide and let do. dont waste time obsessing over this crap. (http://www.autoadmit.com/thread.php?thread_id=5849224&forum_id=2\u0026mark_id=3986969#49765330) |
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Date: March 24th, 2026 1:42 PM Author: lex Same. It's theoretically interesting to peel apart the layers of fraud and lies, but the implementation is mind breaking imo. I can see how people like min-maxing it, but I'm gay and content remaining poor (by xo standards). (http://www.autoadmit.com/thread.php?thread_id=5849224&forum_id=2\u0026mark_id=3986969#49765351) |
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Date: March 24th, 2026 1:52 PM Author: :-P (gunneratttt) trying to get into it to "beat the market" is a trap. you'd have to commit a significant amount of time and energy to give this a go, and even then there are countless things you can do make yourself wealthier than obsessing over finance. most people in finance use other pros to manage their money.
like most things, i think tcr is learning enough so you're not ignorant and susceptible to getting scammed, but avoiding hubris and that it's nbd to become an expert. |
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Date: March 24th, 2026 2:00 PM Author: A Stripper Named Hegemony I disagree. I think you can do a ton of research to the point of at least having a defensible position. You can look into things to the point you can articulate why you bought something in an hour long lecture. This is basically what Warren Buffet does. If no one could ever reliably predict the market there wouldn't be billionaire investors. At some point somebody with enough research tools, time, effort, and experience you can actually be right about something really big a couple times throughout your life enough to 10x or 100x a few times over. If this weren't possible Buffet wouldn't exist. He would tell you that the market is unpredictable too and you can't time it yadda yadda. But him buying Coca-Cola when it's undervalued and the stock going to the moon wasn't luck or guesswork. It was skill. It had to be skill. (http://www.autoadmit.com/thread.php?thread_id=5849224&forum_id=2\u0026mark_id=3986969#49765418) |
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Date: March 24th, 2026 2:08 PM Author: :-P (gunneratttt) that's not what buffet does and he would be the first to say that a guy who just learned bonds still exist has no business investing in individual stocks. (http://www.autoadmit.com/thread.php?thread_id=5849224&forum_id=2\u0026mark_id=3986969#49765455) |
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Date: March 24th, 2026 2:18 PM Author: A Stripper Named Hegemony I was exaggerating how clueless I was but all Buffet did literally was analyze businesses and buy ones he thought were undervalued. Anyone can do this. Martin Shkreli did exactly this. It's open to anyone with time and motivation to study assets and opportunities.
I could bet big on an equity and put a ton of effort in and be wrong. I could put no thought in and gamble and be right. But in the long run there are simply people who are better than others at investing over time and consistently winning. It's a fact of reality. If you're argument is that I'm an idiot and can't beat the system then you're probably right. But if you're saying no one can ever have an informed opinion and take advantage of it and be proven right, that's just insanely because people have done it consistently for years. |
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Date: March 24th, 2026 2:27 PM Author: :-P (gunneratttt) of course other people can do things others have done. any person could win a fields metal.
that's not my argument, i didnt even know who this is when i replied. my argument is that it's significantly more difficult than how you're framing it, and warren buffet just picking stocks is like saying michael jordan just puts a ball through a hoop. |
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Date: March 24th, 2026 2:30 PM Author: A Stripper Named Hegemony Yeah he read a ton of business reports and was obsessed with it his whole life. And he did it at a time when the general public didn't think equities was a good idea and the S&P was not considered a long term investment. But yeah that doesn't mean you have to be the Michael Jordan of investing to have a really good idea and identify a stock and put everything you have into it and be proven right in the long run. Loads of regular people who aren't rich and famous do this all the time. "You're too stupid, it will never work" is heavily defeatist. (http://www.autoadmit.com/thread.php?thread_id=5849224&forum_id=2\u0026mark_id=3986969#49765554) |
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Date: March 24th, 2026 2:34 PM Author: :-P (gunneratttt) i just explictly said that's not my argument. (http://www.autoadmit.com/thread.php?thread_id=5849224&forum_id=2\u0026mark_id=3986969#49765561) |
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Date: March 24th, 2026 2:38 PM Author: A Stripper Named Hegemony So your entire argument is just that it's hard? I never said it was easy. I said anyone can put in the work and come up with a defensible idea and potentially be right and make life altering amounts of money. I also said that idiots and luck are weeded out in the long run. And all you're saying is just that it's hard and you shouldn't try it because you can't do money like Jordan dribbles a basketball? (http://www.autoadmit.com/thread.php?thread_id=5849224&forum_id=2\u0026mark_id=3986969#49765570) |
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Date: March 24th, 2026 2:56 PM Author: :-P (gunneratttt) no. i said that the way you're framing it significantly underestimates it's difficulty, which also impacts how reasonable it is for a person to seriously try.
i could learn veterinary medicine so that i can provide medical care to my pets. i don't do that because it's not worthwhile. likewise, most people do not have the capital required that learning how to outperform the market is a worthwhile undertaking. that's not to say they should never buy some stocks off a tip or a hunch. only that they should not delude themselves that they're essentially doing the same thing as buffet or shkreli. |
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Date: March 24th, 2026 3:01 PM Author: A Stripper Named Hegemony You can take a hundred grand and find an asset likely to 3x in 5 years. You can reinvest that money into another growth asset. You don't need that much capital. Of course if you have a wife and kids and a mortgage it can definitely limit your ability to take on risk, which is why a lot of people don't. If you have negative cashflow going out the door it's harder to have a fund that's for aggressive investing. But tons of poas are sitting on cash that they don't need any time soon that's in a safe asset they could buy something riskier and potentially be rewarded greatly. Nothing in the rules says you can't make money with your money! (http://www.autoadmit.com/thread.php?thread_id=5849224&forum_id=2\u0026mark_id=3986969#49765650) |
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Date: March 24th, 2026 3:25 PM Author: :-P (gunneratttt) no, that is not why most people dont. its because "find an asset likely to 3x in 5 years" is significantly more difficult than you're giving credit for. most people with savings dabble in the market. that experience, which you lack, is why they don't go whole hog. (http://www.autoadmit.com/thread.php?thread_id=5849224&forum_id=2\u0026mark_id=3986969#49765737) |
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Date: March 24th, 2026 3:33 PM Author: A Stripper Named Hegemony Right so to circle back, your argument is literally just that investing is hard. Many people try it and don't do well. Therefore most people are better off playing it safe. This we agree on. If you are an idiot without a plan or a concrete idea you should play it safe. But many other people do invest in growth assets that outperform the market after having done a lot of research about it. And this opportunity is available to anyone willing to educate themselves and gain experience in the market. You or I or anyone could do it. You don't have to be Michael Jordan. You just have to have a well researched and thought out plan based on evidence and the guts to commit to it. It obviously helps if you have no dependants and/or a fall back plan if you want to take on more risk. I don't even know what you're arguing with at this point. These are all facts. Yes it's hard and the average person is bad at it. Of course lol. (http://www.autoadmit.com/thread.php?thread_id=5849224&forum_id=2\u0026mark_id=3986969#49765759) |
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Date: March 24th, 2026 1:45 PM Author: sealclubber expected op to be faggeratttt (http://www.autoadmit.com/thread.php?thread_id=5849224&forum_id=2\u0026mark_id=3986969#49765353) |
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Date: March 24th, 2026 1:48 PM Author: :-P (gunneratttt) i work closely with big finance and have a financial background you dunning kruger retard. (http://www.autoadmit.com/thread.php?thread_id=5849224&forum_id=2\u0026mark_id=3986969#49765367) |
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Date: March 24th, 2026 1:53 PM Author: sealclubber lol, you idiot "Date: March 24th, 2026 1:35 PM Author: :-P (gunneratttt)
half of publicly traded stocks outperform the market, because "the market" refers to the average performance of the entire market." |
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Date: March 24th, 2026 2:02 PM Author: :-P (gunneratttt) yes? do you understand what an average means?
of course because different stocks have different market caps it's not going to be 1/2 the ticker symbols, or big cap companies having an outsized effect on the market average, etc. but half of "the market" will outperform the market average. |
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Date: March 24th, 2026 2:08 PM Author: HATE, LLC (making the world a better place) https://imgbb.com/RGPVfvxb (http://www.autoadmit.com/thread.php?thread_id=5849224&forum_id=2\u0026mark_id=3986969#49765454) |
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Date: March 24th, 2026 2:37 PM Author: sealclubber lol, you idiot. you've gone from being wrong one way to being wrong in another what was that effect you were talking about?
Date: March 24th, 2026 2:02 PM Author: :-P(gunneratttt)
yes? do you understand what an average means? of course because different stocks have different market caps it's not going to be 1/2 the ticker symbols, or big cap companies having an outsized effect on the market average, etc. but half of "the market" will outperform the market average. |
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Date: March 24th, 2026 2:45 PM Author: :-P (gunneratttt) why don't you tell me how im wrong then?
i assume its something pedantic like i just mentioned. of course its not exactly half because outliers can move the market, like if every stock stayed they same price except one that doubled, the market average would be positive but only one actually appreciated. but in the context of a very large market, yes roughly half will outperform the average. |
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Date: March 24th, 2026 3:42 PM Author: sealclubber strike three. you're out, you stupid fuck the only one challenging you for king retard in this thread is the op and your painfully idiotic discussion branches above Approximately 40% to 50% of individual stocks outperform the broader market in any given year, making it roughly a coin-flip on an annual basis. However, over long-term periods (10–20 years), only about 10% to 20% of individual stocks or active funds consistently beat the market, as a few top performers drive most of the gains. Dimensional Fund Advisors Dimensional Fund Advisors +2 Key findings on stock market outperformance: Long-Term Odds: Over 20-year periods, only about a fifth of stocks survive and outperform the market. Active Manager Performance: Roughly 92% of active fund managers fail to outperform the S&P 500 over 20-year periods. Concentrated Returns: A small number of top performers drive the market; for instance, excluding the top 25% of stocks can result in negative overall market returns. Concentration Risk: In some years, a tiny fraction of stocks (e.g., top 10) can generate a massive portion of the total market return, as seen in 2023. Dimensional Fund Advisors Dimensional Fund Advisors +3 Why Most Stocks Underperform The stock market index return is typically skewed by a few massive winners. While the index might show a strong positive return, the "average" individual stock often performs worse than the index itself because a few stellar performers pull the index upward. Morningstar Morningstar +1 |
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Date: March 24th, 2026 3:52 PM Author: :-P (gunneratttt) "Approximately 40% to 50% of individual stocks outperform the broader market"
wow, you mean exactly what im saying?
i didnt say that half the market *CONSISTENTLY* outperforms the market forever. i said, clearly, that approximately half a population outperforms the *average*. obviously that means during whatever time period it's the average of. not in perpetuity you moron. |