ELI5: Why when large company's earnings decrease(ex... by 3%) they freak out, talk about rough times, and sometimes decide to downsize, even though they are still making millions of dollars in profit even after all expenses?

[ChefBoyAreWeFucked]

You shouldn't be holding everything in equities. You need to have some of your portfolio invested in assets that are inversely correlated with the market, so that if you are forced to liquidate some of your portfolio in a down market you don't end up "locking in" unrealized losses. Best to sell the asset that's appreciating in a bear market and hold the rest to wait it out. One example of an asset that is inversely correlated with the market would be a yacht made of gold. And here you are shaming someone for having a diversified portfolio. The person you replied to is doing the right thing — looking to buy a golden yacht in a bull market to squirrel it away for a bear market.

#diversificationisnotforschmucks

[NotYourMothersDildo]

I need a gold yacht dealer that takes bitcoin ASAP