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Lotus Technology Inc. American Depositary Shares
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I use vizz today took me to the ER gave me a LOT of floater.
Is her "advice" worth $4500/ year or $375 a month? There are a lot of things that 375 could be invested in that over time would be worth a LOT more.
Damnnnnn right on the spot. A LOT. I’m down a lot YTD 😂😂😂
What you described is a BOT, which is NOT LLMs. A bot literally does the repetitive click tasks that waste people's time. LLMs, fucking generate words or combinations of numbers that generate an image. As someone that is super close to LLMs/coding/BOTs/Automation, you clearly are not in the industry or even close enough to it to refute what I stated. Go watch this [video] to have an idea of how LLMs function. They are really REALLY bad for doing what you just said. They can't reliably give the same answer EVEN WITH THE SAME INPUTS, which means they are useless for a business other than to obfuscate customers experiences on the phone to get information out of them on a complaint call. AND THAT IS ASSUMING A LOT.
I was joking below, but seriously, the information is SO out of date. I bought land. My Grandparents died, my Uncles all kept the land, it was 1000 acres that's been in our family for 130 years. But one Uncle was in a bad financial situation, so he wanted to sell. Whatever, I bought it, 2 uncles just wanted it to stay in the Family and not be responsible for property taxes, one took about 75% of the 20% he was owed, and the other took the full 20%. So... damn good deal, 35%(my Dad wanted me to keep it also). Had it select cut as it was so overgrown, there were so many beautiful trees dying and no trails, it was just full of Black Walnut on a couple of 40s and a couple MASSIVE Oak Trees that were dying, there was a Cedar Plantation from 60 years ago. But it was all overgrown. So I bought an SXS, an ATV... I got a Truck because I needed a Truck, and then I bought a Tractor with a Mulcher and one of those hedgehog attachments as well. I pissed away a LOT of money in a 2 year span, but I haven't bought anything in 2 years, yet it's John Deere, Pickup Trucks, and Polaris ATVs constantly! Oh, and a Gorilla Cart. It's always the shit I bought months ago, 2 years. Then I just look and see what I could get for my money now...
GOOGL kicking off the holiday season with a little red and a LOT OF GREEN!
As much as I understand that blaming macro makes people feel better, tech led selloffs haven’t been macro fundie based after 2022. Yes, I think there was a LOT more of “the Nasdaq is doing this without political help” then people realize before April of this year. Semis lagged pretty badly after the quick July dip in 2024 and that was always going to come back around and bite us in the butt even in Kamala world or at the very least, no tariff world at some point early this year.
All of those listed are speculative as hell and memes. People bought on vibes and they sold on vibes. For weeks everybody has been screaming bubble crash. People sold on the vibe. I'm not saying a whole ton of shit didn't go down recently by A LOT and stay down but that list...cmon. You could put BYND in there and it would be at home. Some of those companies are risky startups and do have real products and contracts and seemed promising at times but their earnings reports have been terrible.
I used to work at a company leasing hardware including servers in end of lease. We've had a client move to cloud (ironically they are a cloud storage company) from physical servers. Their leases were ~500 rack servers each and they had... well a LOT. When I left they were at lease 800+. When the leases termed, they had the option to return, extend or purchase. You would think that they would return the servers since they stated they don't need them or their 3 data centers anymore. Nope, they chose to purchase them (hard drives were purchased outright on separate 1$out leases) because "it would take too long to identify them". With their deal, each individual server would be around $2000 to purchase. I created their invoices for around $200mil+ worth of servers before I left because they couldn't be bothered to send someone to look at the service tags to return them... Another customer would extend (laptops/desktops) for 10 months, own the equipment and then return it because they couldn't be bothered to dispose of them. So they would pay their lease with around 110% RV, pay an extra 10 months, return the equipment to us on their dime (return and data wipe costs were baked in the lease from the start and split monthly). We would then dispose of the HDDs, refurbish the equipment and resell it. I think you guys might be underestimating how little some companies care about a few tens/hundreds of millions per year.
To a certain extent, it literally does - because SPY is one of the most repeatedly bought ETFs on the entire market. If a stock is contained within it, it will get a LOT more buying pressure. Obviously that on its own is not enough, but it certainly does provide a boost in the long run.
It’s gonna pick up a LOT of buyers at $322
a very bad year they say, for a lot of people .. a LOT
Meta made me good money when I bought sub-100. It’s a spender stock, so it’s hated for long periods due to explosive CapEx. When that was on the Metaverse (the ultimate bullshit), everyone hated it *A LOT* . When it’s AI, people hate it a little bit. Unclear path to big pumps from here, just expecting market returns with higher beta. But I do have a value-tilt to my mindset and maybe anchoring to when it was sub-100 being the same company
I’ve been switching my money over to VT after being heavy into VOO and VGT for years. I feel like it paid off bigly but the more I look at the numbers the more I think it was just luck, and picking sectors won’t work in the long run so I just want to hold VT. Problem is… I am going to have to pay a LOT of capital gains taxes if I sell all the VOO I currently hold. So far I’ve sold my VGT but not my VOO since there’s more of it.
Okay, so why would you pick oral semaglutide over orforglipron or even better oral VK2735? Those two are a lot, A LOT better than oral semaglutide for both efficacy and tolerability. So why oral semaglutide??
LLMs are actually quite powerful and predictive in the biological sciences, particularly in genetics where our genome is a 3B character long string that can be tokenized, and we have a LOT of sequencing data sitting around to wrangle. Evo just came out last year, so it’ll take awhile before we see publications spawn from if. Google’s AlphaFold for protein structure prediction is a major game changer, though still not perfect. Will it cure cancer? No. Has it really helped in several fields? Very much yes, to generate hypotheses and let us trim down the infinite combinations of sequence features to test in experiments. Will it replace scientists? Not any time soon. Will it generate revenue for companies? Maaaybe. But probably not anytime soon. It might narrow down the set of R&D candidates, but that’s never the expensive part for drug development. Maybe it can help curate patient selection, but I don’t think there’s enough data yet to build any kind of a model, and traditional CNNs are likely more than sufficient.
You can make a LOT of money as a janitor at financial institutions 👀
You don't quite understand how the process works. Compounds have to go through multi-year clinical trials that involve global coordination between researchers, clinical trial sites, and vendors (like we were) that provide technology platforms for running these trials. Trials have a LOT of regulatory complexity as the process has to abide by at least 3 main regulatory bodies (FDA, EMEA, and Japan's PMDA). The project managers are staying on top of these regulatory changes, managing inbound as well as outbound audits, requirements for these systems between stakeholders, and ongoing support of hundreds of thousands of clinical trial staff at sites all around the world. A big trial can have tens of thousands of subjects and thousands of sites. There is no way trials of the scope we were running would be possible without this middle layer while still maintaining regulatory adherence, ensuring data quality, and traceability in the event of future lawsuits or regulatory action. This is extremely bearish for Novo in the same way that shedding scientists was bearish for IBM, Compaq, and HP because the purpose of pharmaceutical company is one part research, one part marketing, and one part navigating the regulatory and process complexity of getting new treatments to market.
Nothing changed from Thursday to today. They're desperate to prevent a further cascade because it could get a LOT worse very quickly.
I like to drink a LOT of water beforehand, and hold my piss in all day, for as long as possible, then later on when we're back at my place, I'll go pee while she's in earshot, and there will be a LOT of pee, and she will be like "damn are you okay? is that normal?", and then we fuck
The answer is yes. Why? Because it’s the top 500 US companies working collectively to make their company more profitable. If Nvidia crashes and the stock goes to $0, the 501st most valuable company slides up into the index. You can get more resiliency with other indexes (like Russell 2000, with the top 2000 companies), but in general you get slightly lower returns. At your age, s&p 500 is perfectly fine. How does it work? Open up an excel spreadsheet or google sheets and put $100 into cell A1. In A2 (directly below), set it to “=A1*1.07” to represent a 1 year investment with an average return of 7%. A more conservative estimate would be 5%, and a more optimistic prediction is 10%. To simulate what compound investments gets you, put $100 into B2 (next to A2), and then adjust the A2 formula like this: “=(A1*1.07)+B2”. Then drag A2 and B2 down about 45 rows. This will give you a rough idea of how much money you will have when you retire. You can get a LOT more complicated than that, but this is a super simple example. You don’t need a financial advisor - just keep putting the money into an index and call it a day.
A LOT of noise to a point where it needs to be muted. Every single movement or “negative news” gets blown out of proportion.
Wild argument. A LOT of currencies are not tied to anything ‘tangible’ beyond government promises and people’s belief in their value. Bitcoin has been adopted by multiple countries, including the US. So yes its value will fluctuate in relation to other currencies (that’s how that WORKS…) but it’s not anymore likely to disappear entirely than the Euro,.
Reading a book takes 1/100th the time it does to write it and can generally be done by a single person. Writing a V&V plan from the ground up on a large project can take a dozen different subject matters experts and a LOT of meetings with their disciplines. Some tasks may be closer to a wash. I can say for things like V&V planning it cuts down 90% of the labor, and produces a better product. Even AI image generation is a good example. Alright, it gives somebody too many fingers. Try a new prompt. Review. Done. Easily 10x less labor than manually creating the graphic.
Both on personal and enterprise it’s more and more of a nightmare to upgrade hardware. On personal devices, a LOT of apps ( banks, healthcare, tickets ) are very hard to migrate an required to reach out to support to get tickets and other info working in a new phone. Enterprise is no better, however different issues. I already know people that can are new hardware eligible by the company but will wait until the absolute deadline ( years ) for forced migration.
My guess is that you are feeling greed or have a sort of gambling compulsion by chasing after high risk assets. During bull markets, a LOT of people forget that there is another side of the volatility equation - the downside. And it's a bear, for sure. I would suggest you find a risk tolerance questionnaire online to figure out what your allocation should be, then invest your money accordingly. The very high risk stuff should only be a small portion of your assets. I got into crypto in 2019, which is just about one of the most volatile assets known to man. I dollar-cost-averaged into the market with only about 5% of what I had set aside for investment. That means 95% of what I had to invest went into the stock market, 5% into crypto. I set my parameter to sell when I had a 200% gain each cycle and buy back in when it dropped at least 50%. That relatively small amount of money is reached almost 7 figures because I had discipline when I walked into it. The reason I bring up this story is because almost every success story in investing has discipline behind it. I can't remember the exact number, but roughly 97% of people in crypto get WRECKED, literally lose everything. Sure there are people who strike gold randomly from time to time. But they will squander that wealth because they do not have the discipline to handle that wealth. Coming to Reddit for answers is an undisciplined approach. My suggestion is to find a discipline that works for you. The discipline is not structured around building wealth quickly, but rather, how to not lose your pants in a down market.
Disaster? Hardly. But AI coming up has definitely helped me speed my life up a LOT. It's just a force multiplier..... it helps me manage way more than I would have alone. ESPECIALLY since there isn't as much competition as so many people self-opt out of using AI to compete haha. This is an amazing opportunity and time to be alive. I'm taking advantage of it :)
I use it in game design documents, to generate assets for my game (icons, UI elements, promo material), and in generating 3d assets (meshes, textures). I actually go to AI image gen first before opening photoshop now. I've also used it to pursue legal actions relating to my business (worth about 250k-1m once the case is settled). And my investment lately has made about 500k from AI steering me towards good investments. Then I also used AI to help me purchase an apartment in Japan (using it to translate gives me perfect communications with cultures I normally wouldn't be able to communicate with..... where just a simple google translate would not have worked). And then AI also helps me navigate a LOT of things in day to day life. Like recently my shower in puerto rico broke, and AI helped me identify what was going wrong (since dealing with hot water elements at the shower head isn't what i'm used to). Basically in every aspect of my life the last few years, AI has been there doing major work. And it just keeps getting better. It enables me to tackle soooo much more than I would have been comfortable doing before. Now stuff like planning my couple months trip to China is a breeze. Or my new game project, already pretty far in development and marketing it on tiktok/instagram..... thanks to AI making it so easy to generate assets and design docs to hand off to contractors..... What a time to be alive :D
Anecdotally, Apple no longer has plans to integrate ChatGPT but Gemini instead. That says a LOT about this situation
No to make everyone docile.... 🤣 You dont get to 500 million global population without breaking a LOT of eggs....
I don’t know, S&P looks rough. Maybe a small rally but there’s A LOT of room to dump lower.
nah, bitcoin uses SHA-256, to break bitcoin you need to break SHA-256. A LOT of things use SHA-256; breaking it would send shock waves through the internet, as a lot of infra relies on it to make sure files are what they say they are. SHA-256 will get broken at some point, but we will know.
SHe didnt commit mortgage fraud, lay off the propaganda. Lowering interest rates benefits banks and rich people A LOT more than hardworking americans. Not to mention lowering rates in these conditions causes the long end to go up WHICH MAKES LIFE HARDER FOR ACTUAL HARD WORKING AMERICANS. You know nothing. Speaking of "stay in your own lane"
Bears not caring about making money explains A LOT lmao
Luckily, I saw it coming & liquidated early Monday morning. It's so obvious, I can't believe all of you people don't see it. Am I smarter than everyone else? And no, this is not 'the market crashing'. It will be up soon enough, and I will have gotten back in before then. I actually made money the last 2 days. Not much, but a little, and I didn't lose money. Seriously people, pay attention. What one thing happens, that causes a LOT of traders to have to sell pretty much in a several day period? Hmmmm, I wonder what that could be.
Thanks for another reasonable reply. I don’t think there will be an expensive war and doubt we will get bogged down like other presidents have gotten us into as Trump is very deliberate to get in and get out as we saw with Iran. I think the Venezuelan leadership is seeing these displays of force, plus the battle group off their shores so I expect there could be regime change without having to invade or bomb them. On the other points I and others have a different viewpoint. Instead of expanding SNAP and other programs for the poor, we think it is time to help the poor not be so poor any longer! Let’s get those who are able bodied working as there are a lot of jobs and there is little reason to be poor with the opportunities available in America. Very candidly, and this is from someone who was poor and hungry at one time, hunger is a forceful motivation to stop being poor and do what needs done to make a living to take care of one’s self. Let’s spend the money on programs to get poor people working so they are no longer poor. With the many illegal immigrants being deported there are a LOT of jobs available. The trades are high paying jobs and are in desperate need of workers. I could go on, but you get the point. I agree with you on ACA which the democrats set up and knew the subsides were going to end at the end of 2025, but Biden did nothing about it, so this again is a lack of focus, work, and foresight. We can say a lot about Trump but he is usually focused and working hard to achieve his agenda, which we could not say about Biden. I’m in the camp to stop throwing money and temporary patch fixes at problems, and instead spend the money to fix the root cause so the problems don’t need costly work arounds. It seems many in DC only focus on the work arounds …
If the dollar has played a role at all, the catch-up period for the Nasdaq was 5/12 - early July. But the reality is that there is a heck of a LOT more evidence that the yen carry trades have been bothering the Nasdaq over DXY down needing to equate to US stocks up. Last year was USD/JPY falling bothering the Nasdaq (so a dollar DECLINE actually hurt the index last year) and this year has been rising Japan bond yields bothering the Nasdaq (and US markets in general) because it's leading to Asian money leaving global markets. So, tl/dr, if Japan bonds don't settle down, them electing a female version of Trump may be the death of US tech for a while.
I'm putting it in treasuries tomorrow. And it's saved me A LOT vs if I had it in any of the high flyers that have crashed down. I'm up 24% this year and finally over $100k. I'm quite happy with that return.
I’m the same. People generally think I’m hilarious and witty. I know a lot about a lot of stuff. I talk A LOT and I think I’m boring people but for some reason they say, “no keep going!” I am really shy and introverted but at a party I can end up hogging a lot of attention with good stories and creative thoughts/jokes/situations etc. I would never trade my autism. I absolutely love it.
Market thinks, NVDA is lying, market thinks earnings report is lying. We’re possibly finding out a LOT of people including the president do horrific things to children
For federal employees. I don’t think the contractors receive back pay, and there are a LOT of contractors furloughed/affected by shutdowns and shifts in the budget.
Going to be blunt as you need it... If you are seriously wondering this you have no business being in the market...I suggest learning what investing is and how the stock market works. Start with the sidebar info here. Similarily if you think 1% is a crash...you have a LOT to learn.
Is everyone finally realizing AI, at least in its current state and overpromise is a giant scam? No one is saying AI won't do cool shit eventually but the level of over investment and systemic risk of going all in all today is ridiculous and being downplayed. Right now scaling law of "more models + more data + more training" is beginning to show diminishing returns. It's GOOD to slow down. Find out what really works and what doesn't. Good dot com companies survived. A LOT of shitty ones vaporized. What happened to markets taking breathers to calm the mania, regulate, place guardrails etc?
A LOT of people are going to lose their jobs in the next 5 years.
For husband wife. That seems so low. A LOT of poors out there bringing us down
100% a LOT of people will get burned, is all just a big game of musical chairs after all
The Mag 7 are the only thing holding this market up and it's top heavy ready to fall. Buffet has 300B on the sidelines since last year waiting for the downturn because the writings on the wall. The entire C suite in NVDA have sold their shares and made billions. Inflation is increasing and the market is about to correct. There's going to be A LOT of people holding the bags, what you're witnessing is a train wreck in slow motion.
I like Moomop trading platform A LOT. It's very powerful and has tons of features. I also had like 8% interst my first 3 months and got free NVDA stock. Even if you don't keep them long term it's worth it for the promo IMO. Options are cheap too. That's all I trade.
Five years ago we were saying similar about "How could ANY company be worth 1 trillion dollars" and many insisted it was all craziness (AAPL was around a 12 PE) yet here we are with several multi trillion dollar companies. A LOT can and does change in the tech world in 5 years.
Let’s just say that I’ll be spending A LOT of time with that boy with the wide hips who lives behind the Wendy’s dumpsters 😈
Yeah but back then everyone wanted to make a website, but it was like...why? Most companies in the year 2000 did not need a website, and a LOT of consumers did not have PCs, or regular access to the world wide web, and online shopping was a lot more rare then as well, so there was nothing to do on most websites for companies that wanted to make money.
years? quarters maybe, but 2-3 years is a LOT of faith in our financial system
**A LOT** of 200 calls are going to expire worthless this week.
$NVDA NVIDIA CEO JENSEN HUANG ON EARNINGS CALL: "THERE'S BEEN A LOT OF TALK ABOUT AN AI BUBBLE... WE SEE SOMETHING VERY DIFFERENT"
He's going to be answering a LOT of.craigslist ads. Bc "20 bucks is 20 bucks"
THIS MEANS NOTHING FOR NVIDIA BUT A LOT FOR TECH Spy 700 off the hype of Nvidia not popping the bubble
I'm enjoying watching the MSTR bros get absolutely savaged with no hope of a strategy in sight - down almost 40% YTD, down 60% past year. I mean that's great if you were one of the early adopters in 2023 before all the money got sucked in at higher prices, now the majority of shareholders are underwater or soon to be. If that sounds A LOT like a ponzi scheme or MLM...you're not wrong. Let's see how far it drops before they abandon hope.
#This is A LOT worse than covid crash. During covid crash we had a bunch of green days and dead cat bounces. Now it's just a straight red line. LMAO🤌
I got so many crayons up my nose that I in-fact work on system level hardware designs and programming models for use cases across some fan favorite digital bean counters, some of them are a smash hit with kids trying to render titties or proteins or magnets and magnetic waves in real life. I also have friends high up in banking... let me put it this way... the rounding error for an hardware implementation of an ALU relative to time performance over first principles math is a lot LOT stricter than the bullshit I see in terms of "rounding error" in account balances and transactions. Your resource scaling problem goes away if I treat your reality as cheap pixels on a screen. Photons are surprisingly abundant. The money is worthless, counting it and recounting is a dumb activity. People need computational capacity for real work. That need has value. How you transact with IOUs of value when you can't generate value because you don't have a computational resource sounds like a practical problem every individual needs to think about, because the central banks will make shit up... like a Nobel prize in economics, or give the said prize to the guy that invented "Too big to fail" economic theory.
I have no more buying power, cash accounts suck because yea it kinda limits you but at the same time you miss out on shit A LOT
I think there’s a LOT of companies out there right now battling a disturbingly low order intake.
I just really think it’s roleplayed a LOT less than what people like to shout about as a tailwind for markets this year unless you think May 12th-July 2nd was catch up for markets down + dollar down early this year. There’s more evidence of the yen crisis bothering the Nasdaq last year over dollar down=US markets higher (and there’s some evidence that Japanese happenings are bothering US markets again, but this time, it’s rate related). The Nasdaq actually kinda slowed down this year in May after the dollar reversed course again and was a lot more grindy and then the action just didn’t really change much when the dollar hit its bottom for 2025.
I haven't made a dumb investment in 4 years. I did when MSTR was a LOT more expensive than it is today, but i got out pretty quick when i realized that it didn't belong in my style of investing. I find it hard to ignore great businesses at great prices, but it seems like from the feedback, it is not a great business, and who knows if it is even a great price, this could just be the beginning. Was more interested in COIN as an opportunity as it has been on my watchlist for a few years, but I think the MSTR ship has 'sayled' for me. Was more curious about the hype and trying to understand the business itself.
It was empty promises for many of the then-big-name companies that are forgotten now, not for the ones like Google that are household names. That's the big difference between Dotcom and AI--Dotcom had the gains distributed widely across companies, some of which were pure smoke and mirrors. Nowadays, it's a small number of companies (Mag 7) getting the lion's share of the gains, and they're all delivering monster earnings. Once other sectors can demonstrate widespread benefits from AI, I think there's A LOT of room for the market to run.
We're cooked regardless. NVIDIA misses: We giga nuke. NVIDIA meets: We nuke. NVIDIA beats: We drop hard. NVIDIA beats by A LOT: We drop a little. Just can't win.
It’s amazing how every few percent drop has Reddit screaming “Trump Dump”, but you were all silent during the drops of the Biden years. There’s a real psychological disorder with A LOT of people on here.
You do realize some people here are real, and have A LOT of money on bets, right? To some, this isn't paper money. They are looking for a way out. I'm not one of those people and am quite older, and can spot some bullshit. So i know not to screw with people when they are down. You are unempathetic and stupid.
claude told me this: > How This Hits FUBO: > Scenario A: You're Fucked (70% Probability) then i called it a ghey ber, and it course corrected > 🚀 FUBO TO $32 OR WENDY'S PARKING LOT 🚀 🤗🤗🤗
Theres one addition to the "choice of young generation"-point. Give or take 5-10 years, A LOT of boomers will bite the dust. Who will inherit all their wealth and where will those people put their money into?
"A LOT OF PEOPLE DIDN'T LIKE KHASHOGGI" was the top
As someone who works in tech, I can tell we are just getting going on AI. Data centers are being built, power plants added, features in development… But a LOT of spending to get there
Cheers to the OG GOOG bulls 🥂 It was always perfectly clear in my mind. Ppl treated us like we were coping bag holders tho 😂 It’s just so obvious tho: - compute moat from TPU - data and distribution moat from 5+ billion user apps - pricing power moat from no NVDA tax and inventing the modern datacentrrr optimized at every level - funding moat being the most profitable company on the planet Not even mentioning that it’s AI research efforts led by a literal GENIUS who won a Nobel prize in chemistry as a side quest It’s so crazy ppl got psyopped into thinking they were a loser Glad they did tho. Was able to scoop up a LOT of shares at a huge discount.
Fellow (ex)scientist here. First be *very* clear what you want out of your investment in what timeframe. (No, "moar!" is not a plan.) What you want to achieve will indicate what kind of risks you may have to take. The more you want out of your investment over and above just chucking it into some index fund the more risk you will have to take (and, of course, the more likely that you will lose your money, too. The stock market is *not* some automatic money making machine! Loss of your investment should be something you can stomach.) The longer your timeframe and the lower your expectation the more likely you are to achieve your goals. Check how resilient your finances are against some sudden financial need (medical emergency, sudden required rennovation of your home, smashed up car, loss of employment, whatever). If any of these would require you to pull money out of an investment in a short timeframe you're adding a LOT of risk - because those times may be when the market is down (particularly loss of employment can easily coincide with a weak economy). Read: only invest money you can live reasonably securely without for a number of months (how many months depends on your risk tolerance. Some say 3. Others go substantially higher. Personally I opt for 12, but YMMV...possibly also with how well safety nets are developed in the country you're at) If you invest in individual stocks do your research before throwing money at it. Company financials, addressable market, competition, (geo)political factors that can impact the company, ... anything and everything that can impact the company in a significant way should be on your radar. Take your time (days/weeks). Formulate *measurable* exit conditions (positive as well as negative)*.* Periodically revisit and see if iyour thesis still holds or exit conditions have been met. (potentially adjust as new information invalidates parts of your thesis).
Which part is cryptic to you? He's just saying that he is of the opinion that if AI doesn't make enough revenue fast enough, then things could get ugly. Basically: AI make some money, but need make LOT money. Lot money fast. If not, red candles for everyone.
Yes for now benefits are good, we’re just hemorrhaging work. We lost a LOT of big contracts in the past couple years and by the start of next year we’re supposedly going to be done with Amazon stuff as well. Obviously I don’t know the details of our contract with Amazon but I can’t imagine giving it up completely is a good thing
Accurate. An example from long ago comes to mind. I used to regular buy a sort of tool for work I was doing. Once a year I'd get a new updated version of it. All was fine, we were doing business, and the manufacturer was doing business. Then private equity bros bought the tool maker. They wanted more profit. So, they jacked up prices and did clever math. They realized that servicing smaller businesses like ours came with overhead, they needed to employ people to handle our orders and stock and various other issues. There was its own micro-economy around it. They employed more people with family-supporting jobs. BUT, the silver-spooned private equity bros wanted more of everything for themselves. After all, that is all they knew, a lifestyle of abundance for them, no matter the impact on others. So, they did the math and decided, fewer customers + higher prices = a yacht + $10,000,000 vacation property + luxury cars for them. They jacked prices. Then they did it again, and again, and finally we were pushed out, they laid off lots of people, we had to re-tool and change our business too. I spoke with a rep about it, and they essentially stated "what they really want is one customer paying them millions, and no one working here anymore". Eventually the rich took too much, pilfered that company, and everyone lost their jobs. You can see similar playing out right now across the economy. It takes a LOT of us making huge sacrifices to lift billionaires to multibillionaire levels, and it's going to take even more sacrifices to give rise to trillionaires, but by golly I think we all can do it. Meanwhile, I've been unemployed for 2 years. I drive my mom and MIL to food banks now. We've wiped out our savings, our children's futures, our own futures, retirement funds wiped out for the 4th and last time of my life, and we are right on the edge of maxing out credit cards financing food. We've never carried credit card debt in our lives. And no jobs in sight. More offshoring. More importing of labor. More ruin for more and more 50+ year olds and even the next generation is getting cut out. The rich took too much this time, but they don't see it, they don't care, they really really don't care. Years ago I watched more than one older co-worker die in poverty after helping build companies because of similar betrayals. THAT is what is happening.
Wow, that is ... makes more sense, but holy fuck like link to it or put it in caps? Because it literally sounded like they asked the designer something and it got lost in translation as "a piece of cloth" which just seemed hilarious (and on brand for a LOT of Japanese fashion/design stuff that gets translated to English poorly).
2 hours is plenty of time for it to get a LOT worse.
There are plenty of undervalued stocks and there are A LOT of overvalued stocks.
Nokia owns Bell Labs… they crank out Nobel prize winners on the regular Nokia with those engineers under there wing ain’t going anywhere, they literally develop the stuff we end up using every day without knowing. Traffic light signals is a good example… from monitoring traffic, traffic analysis, to traffic signaling… Nokia makes stuff for a LOT of infrastructure world wide.
Not necessarily. Since Wall Street trades it now, there are a LOT of shorts that can be liquidated now since "everyone" knows it only goes down. Once a trade becomes crowded, that is when Wall Street likes to be contrarian and pull the rug. Short covering along could send it close to ath if the street decides to squeeze
in almost all the major metro areas (except maybe Philly?) the average monthly cost to rent is a LOT lower than the average monthly cost to own a home (go ahead and google "average monthly cost to rent vs. average monthly cost to own home in x location"). Renting and putting that difference in the stock market (and the would-be down payment in the stock market) has made you much wealthier long term.
There seem to be a LOT of mega whales cashing in on the AI trade
I've been walking through data centers and working in them since the mid 90s. I was responsible for backup and I had a couple cool tools to use. One was a giant robot on a track. The 3495 by IBM. So when I say they haven't much changed, I personally feel they haven't much changed. I was in the most advanced data centers at the time, backing up terabytes! I've been in data storage ever since and still walk through the most advanced data centers in the world. They're just a LOT bigger now. My first data center that held all the credit information for all the people in the country was in half a buildings basement. It was replicated to a literal closet at another facility 20 miles away. Tapes were shipped offsite daily in a small box. Anyhow, that's just been my experience. Ask the mainframe guys about earlier times.
I'm a high net worth renter due to buying stocks (Partly a choice but partly circumstances) Can confirm, renting and dealing with landlords sucks and it sucks a LOT - Especially in the Canadian rental market where supply/demand is so incredibly lopsided.
He’s always done that dance. There is an old video of him w/ Jeffery Epstein where he does the double dick suck while coked out his skull. It might be hard to find because there are A LOT of videos of those two besties together.
Someone here was saying how this ai bubble will put the 08 crash to shame. We have a LOT more upside now
The market cap relative to entrenched alcohol lobbyists makes me have a LOT of doubt about that but I see your point.
The first rule of investing is don’t lose money. If you have the fortitude to buy when everyone else is fearful, you can make a lot of money. You don’t even have to time the bottom. You just have to buy when the valuations make sense for you. So all things considered, if I can make 7% by sitting out most of the time and being aggressive in key moments, I can make market returns with a LOT less volatility. That’s not a promise tho, just a theory and one that isn’t borne out in practice.
You do realize that is still more money than 97% of Americans will ever have to invest in their entire lifetime, right? I mean, you must have had a LOT of volatility in your portfolio to lose that much. But I don’t feel any sympathy for you bc you’re up that much for the year. I am 45 and I have over $2.5M in investments with over $1m tied up in SAFE high yield savings accounts/CDs generating a $35k+ yearly passive revenue stream. The rest is handled by my broker with Fisher Investments. Stop your crying, and work to get it back..
Look, this sub is full of non-financial regular people who think they're financial people because they read a book about dollar cost averaging and the business cycle. Here is the reality: **Time in the market is better than timing the market** ***if you are not rich.*** There are a LOT of sayings and words of wisdoms that should actually have *"if you are not rich"* added to the end but for the fact that wealth is so often treated as a moral issue. Everyone tries to pretend that having lots of money doesn't matter when it's just obviously nonsensical to believe so. Being wealthy means that you can ensure that your have a comfortable and secure lifestyle AND a significant enough stream of guaranteed cash flow AND a safe "time in the market"-style investment strategy AND THEN play around with "dry powder" to try and find ways to beat the market. If you, as a regular person, miss out on $500,000 over the course your working life that is a huge fucking deal. Someone with actual wealth and assets might lose and gain that much on an errant tuesday morning. What's life changing for you is just a hobby to someome who actually has the means.
Not really. QQQ is still up \~20%+ YTD. Going to have to fall a LOT more before I even feel anything
No kidding. My net worth is up A LOT in the last few years (and few decades). My worry is about a stock and local real estate correction catching me out in my last few years of aggressive investing. The stocks I can do something about. My real property, not so much. I'm nowhere near ready to move.
The rebound is overdone, LOT of people have to be anxious about potential dump imo
>When comparing it to streaming, which is *what it is*, the value is bad. $30 is a LOT of money Compared to companies that have less content and are in the process of also raising prices. Streaming was never going to stay cheap.
When comparing it to a movie theater, yes. When comparing it to streaming, which is *what it is*, the value is bad. $30 is a LOT of money. Streaming is not meant to replace theater experiences. By this logic, cable TV is a good value too. $95/mo to watch a ton of channels with constant content that changes every half hour to an hour that you can record and watch at will? That is an incredibly good value, but again the same issue arises; tons of content that youve either already seen or have no interest in and a ton of slop thats genuinely terrible. And ontop if it all, youre supporting a multi-media conglomerate that sends money to execs or things you outright dont support. So again 'good' is relative, and for me its really not a good value. I can build a plex server for the cost netflix charges me on a yearly basis and get a decade of use out of it.
man cant buy longterm anything, goes up and down a LOT
right but people get wiped out and people make lots of money on those movements. Those downward movements cause cascading margin calls too its not "just" a number on a chart. People take out leverage BASED on at the time valuations of their assets. When valuations drop it causes margin calls etc. Not that i care of the plight of the margin called, but its a LOT more than just a 2% drop.
Ride it for as long as you can, make sure to make a fucking LOT while you can, just make sure to get out before the circular investing trick destroys market confidence or that dictator fella finally breaks the market! Remember, the collapse of a country or economy doesn’t matter if you can travel somewhere it hasn’t!
Solid take… oh wait not really Buffet announced his retirement in May at a shareholders meeting… dude should have retired 10 years ago… Burry I mean did you see his positions? Dude lost A LOT of money betting on the bubble burst…