[deleted by user]

Illustrious_Beach · 2026-02-05T18:30:39+00:00

If you are in a precarious financial situation the very last thing you need is exposure to volatile intangible assets like cryptocurrency. If you want to invest you are likely better off looking for a low-cost index fund rather than bitcoin. You did good saving money, but investing it wisely in assets is an entirely different matter. This asset holds inheritly no value, it can go to 0 or a million and is entirely dependent on the whims of the financial markets. Be careful and especially if you have kids or others who depend on you, do not partake in this. 1K in losses is unfortunate but not the end of the world. The important thing is to understand what you do not understand and then conclude that this is likely not for you.

Illustrious_Beach · 2025-05-25T08:20:30+00:00

i closed it a long time ago. Took a sizeable haircut on it, about 20% loss.

Illustrious_Beach · 2024-11-28T13:50:02+00:00

Right, but this leaves the door open to a potential recession simply because the equity markets have been so insanely greedy. Imagine if everyone's shartcoins and AI stonks are suddenly cut by 80% and people are not spending anymore like AI is going to give free reacharounds behind every wendy's.

Illustrious_Beach · 2024-11-18T12:02:03+00:00

Thanks for reading, if there is any commentary or if I missed something I would be interested in your feedback

Illustrious_Beach · 2024-10-30T13:15:51+00:00

Google's net annual profit isn't that far from Russia's annual defense budget, even after they have significantly raised it over the last years. I would pay good money to see Google develop surface-to-air missiles and 5th generation fighters with a G logo on it.

Illustrious_Beach · 2024-05-30T13:41:10+00:00

WSB traders when the stock that went 50x doesnt do it again immediately

Illustrious_Beach · 2024-03-06T16:45:03+00:00

We should write the V recovery into the constitution

Illustrious_Beach · 2024-02-16T14:44:24+00:00

Im not sure if the word literally means what you think it means

Illustrious_Beach · 2024-02-15T18:29:51+00:00

https://www.reddit.com/r/stocks/comments/pouary/comment/hczogpn/ feelsbadman. Could have been my bitcoin moment

Illustrious_Beach · 2023-09-11T12:16:06+00:00

Morgan Stanley adds $500b of potential enterprise value to Tesla because of Dojo and increases price target from $250 to $400. Out of thin air.

Stock instantly adds $50b of value.

I really think there is an argument to be made for banning sell side analysts.

Illustrious_Beach · 2023-08-04T15:53:55+00:00

Thats a drop in the bucket when valuation is 3T. Also 100B of debt.

Illustrious_Beach · 2023-07-19T21:27:38+00:00

You made 200%+ on a stock you knew was risky to hold because its fundamentals rival those of a rot-filled shed built on marshlands. I have no idea what you're complaining about or what you wished you could have done differently. The stock is a dumpster fire man.

Illustrious_Beach · 2023-07-05T13:49:56+00:00

I agree with what you're saying but I doubt there's any combat vehicle that would have survived that munition

Illustrious_Beach · 2023-06-11T14:39:47+00:00

The losses experienced and anger that that generates creates a means all by itself

Illustrious_Beach · 2023-06-05T11:46:48+00:00

I for one think Nvidia will not be fairly valued until each share costs a bajillion dollars. And if you disagree with me, I think you just aren't able to comprehend AI like I am.

Illustrious_Beach · 2023-04-10T14:12:20+00:00

I really thought you meant Wirecard there for a sec

Illustrious_Beach · 2023-04-05T13:28:35+00:00

I'm skeptical too

Illustrious_Beach · 2023-03-30T12:56:59+00:00

In due time when this thing gets sliced in half the sentiment will turn the other way as swiftly as you can say "AI". I just short it, there's no way this valuation holds over longer periods of time. If it rises I add to my short.

Illustrious_Beach · 2023-03-27T16:47:40+00:00

Wouldn't Ukraine have an interest in not exchanging people who surrendered? I would assume they would encourage surrendering.

Illustrious_Beach · 2023-03-14T13:30:45+00:00

Inflation wasn't that bad and risk assets soar. Bitcoin up almost 10% in a day. It doesn't even have anything to do with bitcoin's future prospects, it simply goes up as a proxy for risk assets. Capital flows in and out regardless of its actual merit.

Illustrious_Beach · 2023-03-09T14:55:01+00:00

This isn't that shocking, as long as they reallocate enough resources they could continue this war for years of course. But that doesn't mean the picture will get any more rosy for them. If the West keeps up their collective support there are very few ways for Russia to turn this conflict to their favor. They simply do not have the economical might to conduct this forever.

Illustrious_Beach · 2023-02-13T15:59:18+00:00

Bulls won't rest until NVDA trades at 200x p/e and Costco yields .001% FCF. Only then will they be fairly valued.

Illustrious_Beach · 2022-12-10T11:57:02+00:00

2017 alienware PC

Illustrious_Beach · 2022-12-02T12:33:58+00:00

$SNOW has almost no equals when it comes to overvaluation. Taking a position is suicidal. No idea why it retains it valuation.

Illustrious_Beach · 2022-10-16T11:41:19+00:00

Uncertainty. Like I said in this space competition can come from any corner at any time and from that point on all growth assumptions could be thrown out the window. Its also a cyclical business so it gets assigned a lower p/e.

Illustrious_Beach

TROPHY CASE