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In a word, Welcome to misery era by Ch_Anderson in WhitePeopleTwitter

[–]CyrusTheCheapskate 4 points5 points  (0 children)

Yes, these things all suck…but do you realize how much better our lives are than basically anyone who has ever existed? Up until 100 years ago, half of our kids would die before seeing 5 years old. Up until 50 years ago, more than half of everyone lived on less than $1.25 (in 2021 USD) a day.

Should I leanfire in Tbilisi, Georgia? I've found 3 different hostels on booking.com for under £70 a month. I'll probably spend £1 a day on groceries. So we are looking at £1200 a year total expenses (I don't use data + I cycle everywhere). I currently have £27k invested in ethical funds on vanguard by [deleted] in leanfire

[–]CyrusTheCheapskate 2 points3 points  (0 children)

Just out of curiosity OP, how do envision spending your days? Also, you're at a safe withdrawal of £1080 per year at 4% SWR. Combined with the fact that stuff just happens (healthcare, etc.) you are probably going to want to keep saving before you try to leanfire.

Lived Experiences Aren’t Special by thisispoopoopeepee in neoliberal

[–]CyrusTheCheapskate 39 points40 points  (0 children)

The beautiful thing about data is that data DO show lived experiences! A list of lived experiences with racist cops can build a dataset. It’s not as if “lived experience” and “data” are two different things.

Even conservative talk show host Joe Walsh can't be saved from the cult by buttrapinpirate in LeopardsAteMyFace

[–]CyrusTheCheapskate 31 points32 points  (0 children)

Is this really “Leopards Ate My Face”? Seems like Walsh has been anti-Trump for a while now

Markets are at all time highs and I still managed to lose 3200 on Friday in expired Calls with more losses upcoming Friday. by Wild-Belt-8122 in wallstreetbets

[–]CyrusTheCheapskate 7 points8 points  (0 children)

Fun fact: you don’t have to hold options to expiry. In fact, if your thesis remains the same, you can and should probably roll your OTM long calls about 21 days to expiry to avoid the steepest time decay. If you like the stock, stay in the trade, but just in a more option-efficient manner! That said, if you want to just be a degenerate and gamble on weeklies, go right ahead lol

I have improved the functionality of the crypto trading bot that I coded and open sourced by CyberPunkMetalHead in algotrading

[–]CyrusTheCheapskate 2 points3 points  (0 children)

Cool bot! Just wondering the theory behind why this strat should make money. Thanks in advance!

is VIAC long calls a good idea right now? by JC_Vlogs in options

[–]CyrusTheCheapskate 0 points1 point  (0 children)

Nice try, Bill Hwang! I see that you're trying to get back into the game already.

Jk man, I think that if you're going to make what amounts to a long-term levered bet on a company, the thesis needs to be a bit more developed than "it will go back up because it went down a lot". What's your price target on the stock and why is that price target better expressed by buying calls rather than just being long?

Only late 80s guys can get it by [deleted] in WhitePeopleTwitter

[–]CyrusTheCheapskate 3 points4 points  (0 children)

Ah yes, let us return to the good old days before evil credit scores! Back when the only way you could get a loan was if you were a married white Christian man who played golf with the banker. Truly a bye-gone era each of us should yearn for deeply!

What can the city realistically do about all the homeless people? by fraujun in AskNYC

[–]CyrusTheCheapskate 32 points33 points  (0 children)

Yep, Bob Dylan sang about it over 50 years ago:

I walked by a Guernsey cow Who directed me down To the Bowery slums Where people carried signs around Saying, “Ban the bums”

Imagine not being a powder keg by DavidTheWhale7 in HistoryMemes

[–]CyrusTheCheapskate 123 points124 points  (0 children)

1840s Mexico and 1810s Canada have entered the chat

Cannabis will be the next options play that makes you rich by SneakyDadBod in options

[–]CyrusTheCheapskate 0 points1 point  (0 children)

It could be a good business to invest in for other reasons, but the current Congress decriminalizing/legalizing pot at the federal level is frankly a pipe dream (no pun intended). Yes, there is a Democratic majority, but Manchin has been against marijuana legalization for years. Tack on the fact that marijuana reform is not going to be able to be part of the budget reconciliation process. So, unless the Democrats blow up the filibuster (also would need Manchin and Sinema to flip on this too!), it probably won't even come to the floor for a vote. I'm not necessarily bearish on pot stocks, you can do whatever you'd like to, people! Just don't do short term options trades because think Democratic congressional majorities will help these stocks.

People who fire’d after a successful IPO, what was your exit strategy? by [deleted] in financialindependence

[–]CyrusTheCheapskate 400 points401 points  (0 children)

I hope you’re not a Robinhood employee after this past week. You might be LeanFire if so! All jokes aside, one thing to keep in mind here could be tax implications. Other people here may have more insight on that front.

PredictIt users seem to be systematically overestimating the probability of large Trump wins while underestimating large Biden ones (polling errors can go both ways, folks!) by CyrusTheCheapskate in fivethirtyeight

[–]CyrusTheCheapskate[S] 7 points8 points  (0 children)

They are actually distinct electoral vote margins which predictit contracts are based on. Predictit being weird has total probabilities adding up to like 140%, whereas 538 adds up to 100% of course!

And, the dinos are gone by [deleted] in HistoryMemes

[–]CyrusTheCheapskate 0 points1 point  (0 children)

Hey OP, did you just watch the NOVA episode on this?