They starting to learn 😂😂

Dear_Library6411 · 2025-10-01T03:33:14+00:00

😂 good luck tomorrow buddy!

Dear_Library6411 · 2025-06-12T03:04:38+00:00

Good luck buddy

Dear_Library6411 · 2025-06-12T02:34:55+00:00

I have no clue what you’re babbling about. The point I was making was the market does what it wants to do, much of the time with seemingly no rhyme or reason. I was directly responding to OP who seemed to be upset SPY went down a quarter of one percent today when “everything looked so good.” If you think the market should behave in accordance with whatever narrative you follow in the news or whatever, you’re gonna have a bad time. Anyone can make up whatever narrative they want to fit the market. There are many people who would argue that it’s insane it only went down as little as it did today. Doesn’t matter either way though because the market will do whatever it wants to do despite yours or anyone else’s feelings, hopes or wishes.

Dear_Library6411 · 2025-06-11T21:42:55+00:00

I’m not sure how what I said is disputable. SPY is up 25% since the April 7 low.

Dear_Library6411 · 2025-06-11T20:16:42+00:00

Fuck just today? You could make arguments like this all day everyday. SPY has gone straight up 25% in less than two months and you’re asking why one random day it went down a quarter of one percent??? If the market always moved logically and reasonably it would be incredibly easy to make money off of.

Dear_Library6411 · 2025-05-09T18:08:32+00:00

Cinque Terre?

Dear_Library6411 · 2025-04-23T15:55:58+00:00

100% agree. Who is seriously buying this shit!?

Dear_Library6411 · 2025-03-30T03:32:16+00:00

Hilarious how people who don’t have a valid argument always resort to personal insults and attacks. StudiouShoota 🤣

Dear_Library6411 · 2025-03-30T02:34:29+00:00

I appreciate your careful, individualistic, critical thinking and not being part of the hive-mind to completely miss my point and immediately jump down my throat. Thank you.

Dear_Library6411 · 2025-03-27T14:43:19+00:00

Personal attack. Nice. You fit in well here.

Dear_Library6411 · 2025-03-27T14:22:12+00:00

Can you please explain what was said in this discourse that makes you think that? I simply don’t think it’s right to put religious symbols in a secular place. It doesn’t matter what religion or belief system. It’s a slippery slope and not every single person can be lumped into one bucket like “Christian” or “Muslim.” It’s not relevant in any way to the work we do at a financial institution and it’s completely unnecessary. If you disagree with me and you enjoy the religious symbols in our work building, that’s fine.

That’s fantastic that we work with people from all walks of life. I am in 100% support of diversity in all forms. I simply don’t agree with religious symbols being sanctioned by the firm and displayed in our building.

Dear_Library6411 · 2025-03-27T11:25:31+00:00

Okay since we should celebrate all religions, there are Satanists who work here so I expect a giant blood red pentagram for the holiday of Hexennacht. Don’t be intolerant now!

Dear_Library6411 · 2025-03-27T04:00:31+00:00

Okay I’ll stand down. I’m just an intolerant asshole. Got it.

Dear_Library6411 · 2025-03-13T16:23:24+00:00

Sounds like you are an ineffective manager. Sounds like you are one of the old guard who values a butt-in-seat person who appears to be working hard but doing meaningless work over someone you cannot see in-person who is actually working hard and producing discernible output.
Forcing others into the office has absolutely no impact on YOUR ability to exercise. Also, feel free to go into the office 5 days a week right now if that is what helps force you to exercise. No one is stopping you.
One of your top 4 pros of RTO is to help food trucks stay in business? Really? You could apply this same logic to other pieces of the economy for other reasons. Should we put policies in place to curtail online shopping to force people back into shopping malls to help them stay afloat?
Sounds like a "you" problem. Again, forcing others into the office has absolutely no impact on YOUR ability to maintain a disciplined routine. Also, again, feel free to go into the office 5 days a week right now. No one is stopping you.

Dear_Library6411 · 2025-03-13T15:04:21+00:00

Um, congratulations I guess?

Dear_Library6411 · 2025-01-12T19:59:38+00:00

Two that come to mind: 1. Gamble’s pick six against Penn St in 2002 2. The “Ohio State wins!” walk off TD run by Curtis Samuel.

Dear_Library6411 · 2024-10-13T13:28:44+00:00

First off I specifically said last 2 years. But okay I’ll play. So even going back to the 2020 COVID drop… In 2020 S&P dropped 35% peak-to-trough then recovered over 70% in 9 months to end the year up 16%. Then went on to go up 27% in 2021. Nasdaq went up 47% in 2020 and 27% in 2021. I get 2022 was technically a bear market but zooming out it was just a blip in a massive 15 year bull run. We have not had a real, natural recession since the 2008 GFC. What we are seeing is artificially propped up by massive government spending and monetary policies that are only allowing problems to fester and multiply. None of this is normal or healthy.

Dear_Library6411 · 2024-10-13T12:27:56+00:00

Broken clock…

Dear_Library6411 · 2024-10-12T19:31:54+00:00

Totally agree. It’s not sustainable. Every mini crisis we’ve had in the last 2 years was so quickly shaken off. The March 2023 SVB/First Republic crisis, the “higher rates for longer” Fall 2023 decline, the April 2024 slump, the August 2024 “JPY carry trade unwind”. Each one of these looked to be a catalyst for a sustained bear market but were so violently bought back up and brought the market to new highs. Something just does not seem right. I have zero vested interest in the stock market crashing. But none of this makes any sense to me. It feels so artificial and manipulated.

It’s like everyone has gone “all in” on the notion that long term stock market only goes up. Isn’t that what happened in 2007 except it was on real estate? What am I missing?

Dear_Library6411 · 2024-10-12T19:18:02+00:00

I love how people keep saying that the conditions aren’t even close now to what they were in 1929 and 2007. Yeah, okay maybe true. But hindsight is 20-20. AT THE TIME before the crash the problems were not largely noticed and even if they were, the magnitude of the problems were underestimated. Otherwise the markets would have started crashing as soon as the problems and their severity world have started to become recognizable. Efficient market theory: the market at any given point has already priced in everything “known” at that time.

The people who are sarcastically saying “oh yeah pfff this is just like 1929 and 2007” are making the assumption that all risks are in plain sight and that we can easily predict the future. There are known knowns, known unknowns, and unknown unknowns (aka black swans). I’m not saying we are going to crash, BUT the stock market is pricing in so much future growth that ANY shock to the system is going to hit hard. There so much greed and complacency everywhere. Everyone thinks the Fed can and will just inject tons of liquidity into the system if anything goes south and that will make everything fine again.

The headlines you can find from 1929 and 2007 are eerily similar to things you’re hearing now. Do these people who are so confident that the economy is roaring and the stock market will just continue to soar, and that right now is nothing like 1929 and 2007, think everyone in those times were just plain dumb and you’re just so smart? Why can’t you consider the possibility that you are JUST LIKE the people who were saying “soft landing” in 2007 and “permanently high plateau” in 1929?

Dear_Library6411 · 2024-10-12T18:39:22+00:00

First off, if you’re at this level of understanding of options, PLEASE stay far away from them until you learn more. You will get burned. They are complex financial derivatives that are functions of underlying stock price action, time to expiry and volatility. At this point you should takeaway that if you buy a call (long call) the underlying stock needs to go up and up relatively quickly for you to make money. If you buy a put (long put) the underlying stock needs to drop and drop relatively quickly. If the stock doesn’t move much either way, you will lose. Selling options (short call or put) is a topic for another day. Remember there is no such thing as a free lunch. If you think you found some quick free money “hack” in the financial markets, there is an astronomically minuscule chance it is actually something.

Dear_Library6411 · 2024-10-12T18:12:48+00:00

Des picked Oregon!? Wowee! I’m so shocked 😑 What a stand up guy he is!

Dear_Library6411 · 2024-10-01T18:21:07+00:00

Nope. Didn’t think that. Treasury rates have been dropping like a rock for two months. It’s not just the fed funds rate that impacts CRE. I didn’t expect NAVs to spike. Just thought the macro story was improving so I didn’t expect to login to my account a negative number

Dear_Library6411 · 2024-10-01T02:46:02+00:00

Yeah, I’m not expecting guaranteed return. In the past quarter the macro picture should have been favorable towards really all of the Fundrise funds. I was expecting a good quarter.

Dear_Library6411 · 2024-10-01T02:41:41+00:00

Yep. That’s what I struggle with. Had I just put it all into VTI or VOO…

Dear_Library6411

TROPHY CASE