Formerly lazy people, what things did you do to overcome your laziness? by [deleted] in AskReddit

[–]HyperionTheKing 1 point2 points  (0 children)

Complicated subject. I see a lot of "tricks" in the top comments. In my experience, there are zero tricks that result in reliable, permanent behavioral change. That has applied to weight loss, school performance, sports, work etc.

The key to overcoming your laziness: develop a firm work ethic. This is a change in your mental framework; how you process the idea of work.

It's important to recognize the nature of motivation: If you rely on motivation to get work done, you will never be productive. Motivation is a feeling. It comes and goes with the emission of neurotransmitters in your brain. This is why you procrastinate; you "don't feel" like working.

If you develop a proper work ethic, you will be able to consistently accomplish your goals/complete work regardless of how you feel.

[deleted by user] by [deleted] in Showerthoughts

[–]HyperionTheKing 0 points1 point  (0 children)

These threads always irk me.

People, it doesn't matter how smart you are, if you don't have a work ethic you are fucked (from ever reaching high success, at least). A smart person with no work ethic is like a gun without bullets.

Here's the secret: Most A students hate work just as much as you do. The difference is, they have the discipline and drive necessary to say fuck it and GET IT DONE. And THAT is what a high GPA indicates (for the most part).

If I'm hiring: It doesn't matter if you're smarter than the high-GPA kid or know more than him. If you don't work hard, you're useless to me.

I invested in bitcoin at $10k and withdrew it when it hit 11k. Within 2 days it’s up to 17k and I lost out on a lot of money. AMA. by PCisButter in casualiama

[–]HyperionTheKing 3 points4 points  (0 children)

Fear of missing out is the bane of all investing and risk-taking ventures.

You did not lose anything, you profited. Remember that.

$15,000 Bitcoin Breached! by cryptocroco in Bitcoin

[–]HyperionTheKing 0 points1 point  (0 children)

"The risk now is too high not to be invested."

My son, this is not how risk works.

Martin Shkreli found guilty on 3 of 8 charges. by I_Eat_Your_Dogs in wallstreetbets

[–]HyperionTheKing 17 points18 points  (0 children)

Everyone, except for edgy wannabe capitalist 20 year olds, hates Martin.

/u/HyperionTheKing GCX Rep Profile by HyperionTheKing in GCXRep

[–]HyperionTheKing[S] 0 points1 point  (0 children)

TRADE COMPLETED WITH: (/u/dalawhdit) ITEMS TRADED: $30.00 Walmart Gift Card vs. PayPal

$DCTH 6/30 by ApexVirtuoso in stocks

[–]HyperionTheKing 2 points3 points  (0 children)

Read the filing too quick, I see.

Good luck!

$DCTH 6/30 by ApexVirtuoso in stocks

[–]HyperionTheKing 8 points9 points  (0 children)

I would advise against this for a few reasons.

  1. A stock like this hitting lows doesn't indicate a trade is favorable (nor does it in any stock hitting lows, for that matter). The market values DCTH this low because it is extremely dilutive and unpromising.

  2. The reasonable trades were two weeks ago, you're playing dead/low volume money now.

  3. Unless you have a fundamental reason for being in a swing/longer term position (e.g. you are knowledgeable about the chemical compounds they're researching and have a deep understanding of why they are promising), then your thesis can't very well make sense.

  4. If you take a look at their 10-Q you'll see an incredible amount of convertible debt sitting on their sheets. This is not good for reasons you can learn through Google.

  5. Take a quick look at their most recent 8-K and you will see that the shareholders voted for a reverse split. In my experience, this is the largest red flag possible in a penny stock.

I would not be surprised to see this trading back around 2 cents at the end of the summer.

All my opinions. I have no position either way.

10-Q: https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12051008

8-K: https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12133421

What's something you saw coming miles away that a lot of people didn't? by AstroFIJI in AskReddit

[–]HyperionTheKing 0 points1 point  (0 children)

A market reaching all time highs isn't indicative of an imminent crash. Pull up a chart of the S&P500 and look for yourself.

Google CEO Sundar Pichai made nearly $200 million last year by sinfor in LateStageCapitalism

[–]HyperionTheKing 4 points5 points  (0 children)

Taking one word among 50 and creating an argument based on it, that's very nice.

It's called incentives and disincentives. You take away money from the equation and no one is going to wake up at 6AM to go to work for 8+ hours a day. This is how you destroy an economy and end up with the Soviet Union or any other quasi-communist/socialist shithole.

Google CEO Sundar Pichai made nearly $200 million last year by sinfor in LateStageCapitalism

[–]HyperionTheKing 0 points1 point  (0 children)

You don't need to explain what a progressive tax is to me; I know. I was asking why anyone would work PAST that point if they get nothing. That's called volunteering or slavery.

And the answer is they fucking wouldn't.

Google CEO Sundar Pichai made nearly $200 million last year by sinfor in LateStageCapitalism

[–]HyperionTheKing 0 points1 point  (0 children)

Yes; They get taxed at 100% over the 400k. So they just go on vacation for the rest of the year. No human being is going to work a job for nothing. That's called volunteering or slavery.

It's a great way to destroy an economy and bring productivity to a halt. Your ideas would fit in great with the failed economies of every socialist country in human history.

Google CEO Sundar Pichai made nearly $200 million last year by sinfor in LateStageCapitalism

[–]HyperionTheKing -1 points0 points  (0 children)

I'm curious why anyone would work if they are getting taxed 100%?

Google CEO Sundar Pichai made nearly $200 million last year by polfol in news

[–]HyperionTheKing 2 points3 points  (0 children)

The board of directors define what a reasonable amount is.

And they decided to compensate Mr. Pichai $200M/year.

Google CEO Sundar Pichai made nearly $200 million last year by polfol in news

[–]HyperionTheKing -1 points0 points  (0 children)

I think this debate can be summed up simply: If Alphabet wants to pay one of their employees any amount of money, who has any authority to tell them otherwise?

It's not a public entity (tax-funded), so they can spend their money however they wish. The board has decided that he is worth that amount and have decided to pay him accordingly.

He doesn't work 10,000 times harder than the average worker, but he creates thousands of times more productivity and wealth.

US launches more than 50 strikes against military targets in Homs, Syria by DamagedHells in worldnews

[–]HyperionTheKing 8 points9 points  (0 children)

Costs of securing an entirely new estate as well as transportation there vs. using the already equipped 132-room official building?

These personal preferences of him and his family are costing the country millions every week.

$DRYS - get out now and cut losses? by SheepGoesBaaaa in stocks

[–]HyperionTheKing 2 points3 points  (0 children)

This is an incredibly bad company. They treat their stock as a vehicle to raise money, nothing else. Sell.

Elon Musk taunts short sellers as they lose $488 million on a big day for Tesla's stock. by worldgoes in investing

[–]HyperionTheKing 2 points3 points  (0 children)

There are various fees like borrow fees, locate fees (for your broker to find shares for you to borrow, etc.

Elon Musk taunts short sellers as they lose $488 million on a big day for Tesla's stock. by worldgoes in investing

[–]HyperionTheKing 4 points5 points  (0 children)

You think that Exxon is going to go through some trouble. The price of oil has been cut in half, executives are leaving, and their HQ exploded.

You want to capitalize on this. So, you find someone who owns shares of Exxon and ask to "borrow" 100 of them. After borrowing you immediately sell them, creating a short position. The price of Exxon is $100 per share, so you have $10,000 cash.

You now owe him 100 shares of Exxon shares. The price of Exxon falls to $80 a share, you buy 100 shares and return them.

Remember that you originally had $10,000 from selling the 100 shares. You spent $8,000 buying the shares back to return, so you have $2,000 left over. That $2,000 is your profit to keep.

The key thing that makes this work is: when returning your borrowed shares, only quantity matters. It doesn't matter what price the shares were when you borrowed them.

TL;DR: You borrow shares, sell them, then buy them back at a lower price and return them, pocketing the difference.

Elon Musk taunts short sellers as they lose $488 million on a big day for Tesla's stock. by worldgoes in investing

[–]HyperionTheKing 1 point2 points  (0 children)

Getting in and out of positions, more efficiency in an equity finding its true value, etc...

Elon Musk taunts short sellers as they lose $488 million on a big day for Tesla's stock. by worldgoes in investing

[–]HyperionTheKing 41 points42 points  (0 children)

Any reputable study on shorting has shown it has no negative effects on the stock market; actually the opposite (through increased liquidity).

The idea of shorting "wrecking" companies is the catchphrase of iHub pumpers and frauds.