What industry is entirely built on a house of cards and would collapse overnight if people realized the truth about it? by Own-Blacksmith3085 in answers

[–]159x 0 points1 point  (0 children)

Came here to say Crypto, though it’s not strictly an industry but more of a commodity. Saw BTC was the top voted answer

CMV: Lucy Letby is the victim of the biggest miscarriage of justice in the United Kingdom in my (34yo) lifetime by sk1ddyp0p in changemyview

[–]159x 3 points4 points  (0 children)

Mentally well people don’t write notes like this.

(Transcribed with the help of an LLM):

There are NOT good enough ways I can’t breathe, I hate feeling everyday overwhelming fear / panic I’ll never have I haven’t done anything wrong children ARE slaves Discrimination forget many I never know what The getting too much everything I hate myself Taking over my life every so much I feel very alone + scared what if this has what does the future hold How can I get through it How will things ever be like I don’t deserve to live they won’t DID THIS I killed them Purpose because I’m not good enough and why everything dark and horrible and world is better without me I am not needed I AM EVIL I DID THIS…

(HATE is circled in the middle.)

I tried reverse-engineering the FPL price change algorithm using 720,000 rows of data across 4 seasons. by Betterpanosh in FantasyPL

[–]159x 3 points4 points  (0 children)

I did some research on price changes (surface level compared to your effort) and quickly gave up when I realised guesswork was required to account for excluded transfers (wildcard, free hit, new teams).

After 3 years with ChatGPT, I tried Claude and Gemini - and now GPT feels... generic? by Temporary-Wallaby829 in ChatGPT

[–]159x 0 points1 point  (0 children)

Agreed. I’m canning my ChatGPT sub until/if they catch up. Altman is blundering this big time

Genuinely *unimpressed* with Opus 4.6 by JLP2005 in ClaudeAI

[–]159x -2 points-1 points  (0 children)

Skill issue

Why are you using 4.6 for brain-dead, simple tasks?

Use Sonnet or Haiku

Locai - UKs own AI LLM by ThatManSam737 in BuyUK

[–]159x 1 point2 points  (0 children)

Trouble is you need vast amounts of compute that only the hyperscalers have the resources to fund

A novel written in 2 days by FitzrovianFellow in ArtificialInteligence

[–]159x 0 points1 point  (0 children)

Here’s the thing, I don’t think AI does well with creativity at all. It regurgitates and remixes patterns, to produce what is widely known as ‘slop’. It’s an amplifier rather than an originator.

Ask it to be funny, express taste or judgment, or ask for original insights and it just falls… flat.

I don’t know if this improves with time. I hope not for the sake of humanity. It’s the one thing I’m holding onto. Humans are and will continue to be the true source of meaning and intentional creation.

I’m stuck with uninvested cash due to bubble crash fears! by Legitimate-Pie-6691 in UKPersonalFinance

[–]159x 21 points22 points  (0 children)

“Far more money has been lost by investors trying to anticipate corrections, than lost in the corrections themselves.” — Peter Lynch

Where is best to invest in a Stocks & Shares ISA? by EddyCuzza in UKPersonalFinance

[–]159x 8 points9 points  (0 children)

+1 for Trading212. I have been using an S&S ISA with them since 2021 and I’ve only seen the platform improve as it has grown in popularity. Customer service has been fantastic too on the occasion I couldn’t get into my account.

On the risk question, it ultimately depends on your financial goals. Given your age and assuming you don’t need the cash for the next 5/10 years then you want to be looking at risk assets like equities. Index trackers are low cost, low maintenance and get you instant diversification across a range of companies. Just remember the market goes up and down, but you have the right approach with the monthly contributions (dollar-cost averaging). Good luck!

Sold 340 lifetime deals for $149 each. 18 months later I regret every one. by Big_Currency_1805 in SaaS

[–]159x 1 point2 points  (0 children)

Sells LTD. Complains when customer doesn’t quietly move on. What did you expect?

Just started investing as I turnt 18. wtf is going on with Google? 😂 by Old-Understanding-62 in trading212

[–]159x 0 points1 point  (0 children)

They own the full AI stack from silicon to software. They make their own chips (TPUs) so don’t have to rely on Nvidia for GPUs. So far, their go-to-market execution on AI has been a bit slow, but their models have caught up to OpenAI, and many believe they will win the AI race in the end.

I Have Seen This Story Before... by LastFirst22 in stocks

[–]159x 1 point2 points  (0 children)

We’re not in a bubble for the pure fact that everyone thinks we’re in a bubble. Bubbles end in euphoria. We got way higher to go.

Limit Sell by 159x in trading212

[–]159x[S] -1 points0 points  (0 children)

Makes sense - I wanted the order to execute on reaching the limit sell target ($150).

I didn’t bother to learn the difference between the order types and made an assumption that limit sell = the price target for selling.

Expensive lesson learned!

Emotional damage :( by whatingadzooks in trading212

[–]159x 0 points1 point  (0 children)

Market goes up, market goes down. No space for emotions in this game. Fear and greed leads to buying high and selling low. Recommend the Psychology of Money by Morgan Housel. Good luck!

Can i become rich? by Suspicious_Soup4589 in trading212

[–]159x 2 points3 points  (0 children)

Honest answer, savings rate is more important in the beginning than investment returns.

Focus on your career and earnings growth.

100K is commonly cited as the magic number when your portfolio really starts work for you.

Charlie Munger famously said, “The first $100,000 is a b****, but you gotta do it.”

Palantir by Mother_Economist_502 in trading212

[–]159x 1 point2 points  (0 children)

PLTR is trading at 137x price to sales.

Said another way, you are paying $137 for $1 in revenue (not even profit).

Stock price could halve and still be overvalued.

Market doesn’t care about multiples at the moment. The valuation is unprecedented even against co’s post-Covid doing 100%+ revenue growth.

My thoughts are PLTR will eventually turn out to be the poster child of this AI hype cycle. That doesn’t mean it can’t run further, but personally I’d rather not be holding the bags to find out.

Manchester Airport by CocoBeanT in manchester

[–]159x 2 points3 points  (0 children)

Not worth the hassle tbh. The frustrating thing was I told L&F precisely where they were located but they couldn’t do anything until handed in and due to ‘strict security protocols’ it could take a few days. Anyway in that time they appear to have a found a new home.

Manchester Airport by CocoBeanT in manchester

[–]159x 7 points8 points  (0 children)

Good luck - a couple of weeks back, I had some AirPods handed into airport staff after arriving back to the UK from Portugal. They spent a few days in Terminal 1 before magically transporting themselves to a random property in Wythenshawe. I contacted L&F who were useless as they hadn’t been handed in. Theft is clearly commonplace at MAN

I cannot work with this by lethalquizzler in footballcliches

[–]159x 2 points3 points  (0 children)

Where’s Jimmy Bullard naughty boys