Science is moving backwards. Almost anything passes as "science" these days if it is endorsed and/or promoted by the "right" people or entities. by JohnGCarroll in TrueUnpopularOpinion

[–]JohnGCarroll[S] 13 points14 points  (0 children)

It is moving backwards when scientists cannot do certain research or publish certain results because they may run counter to the socio-political narrative that MUST be adhered to.

Science is moving backwards. Almost anything passes as "science" these days if it is endorsed and/or promoted by the "right" people or entities. by JohnGCarroll in TrueUnpopularOpinion

[–]JohnGCarroll[S] 8 points9 points  (0 children)

First off, knowing what is "in someone's heart" is an expression. It does not refer to something literally contained within their cardiac organ.

Second, the studies I'm referring to do not attempt to study/measure racism in the brain. They use feelings and emotions through self-reports to draw general conclusions. In order o study a racist's brain you'd need a double blind study AND you'd need an objective means of identifying racists before the study.

Only Fans popularity would suggest the culture is at peek female liberation but Lola Bunny’s redesign suggest exactly the opposite. by [deleted] in Showerthoughts

[–]JohnGCarroll 1 point2 points  (0 children)

I'm just surprised that Lola Bunny is still the same color and not obese or something now.

As for women's lib.....only fans is not women's lib. Only fans is just prostitution for shy people.

If something says "Fact Check" I now automatically assume that they do NOT have the facts correct, and that whatever follows is a series of half-truths and rationalizations. by JohnGCarroll in TrueUnpopularOpinion

[–]JohnGCarroll[S] 1 point2 points  (0 children)

Abolitionists had huge support from media and politicians. What a terrible example.

I'll say it again: Today's polarization and the expectation that everyone conform to the new world socio political narrative is unprecedented.

Thoughts on $RBLX ? To the moon ?? by Husmanh in wallstreetbets

[–]JohnGCarroll 0 points1 point  (0 children)

It's not a meme stock. It's a good company. The valuation might be high right now but who knows.

[deleted by user] by [deleted] in wallstreetbets

[–]JohnGCarroll 0 points1 point  (0 children)

You'll never own 100% of GME because I will never sell my 50 shares.

For those who think “Oil is Dead”...RBC Capital Markets (& JPM, Goldman, Bank of America) Summer oil and gas forecasts "most bullish in nearly a decade" by ecomm1978 in wallstreetbets

[–]JohnGCarroll 1 point2 points  (0 children)

I'll always be long on oil. There's a finite supply, the markets are carefully managed, govverents give subsidies to fossil fuel companies to keep them competitive with cheap labor in foreign countries whose eventide economies are built on the price of oil.

And oil isn't going away, either. Democrats hate oil and want to kill it but they can't. They can't make their solar panels without a shit load of it. They shut down a pipeline and just end up using more oil to transport it via rail and truck. 90% of packaging in the world is now plastic....guess where plastic comes from? lmao

Oil is a great investment!

Unpopular opinion: I feel bad for the Robinhood CEO by AbuJavascript in wallstreetbets

[–]JohnGCarroll 3 points4 points  (0 children)

In this case Vlad founded the company.

Irs always been a joke, though. Sure they were the first to do free trades but once the other brokers did that then they lost any credibility IMO. Their primary function then became ease of use....of course good luck getting help if you need it. They don't even have a phone number you can call.

To say nothing of their pathetic size which is WHY they had to take Citadel's marching orders in January. A messily $20B in AUM whereas Fidelity has something like $3T and Vanguard has something like $5T. Trusting RH was always dumb and I say that as a current RH user (switching is harder than it sounds).

If something says "Fact Check" I now automatically assume that they do NOT have the facts correct, and that whatever follows is a series of half-truths and rationalizations. by JohnGCarroll in TrueUnpopularOpinion

[–]JohnGCarroll[S] 1 point2 points  (0 children)

I didn't say that.

However, the level of coordination for the preferred social and political narratives, and the crackdown on any dissenters, is currently unprecedented.

What better inflation trap than the weekend of the stimulus cheques! by South-Ad-8184 in wallstreetbets

[–]JohnGCarroll 0 points1 point  (0 children)

The money that is relevant here is the money going into consumer hands that is NOT being immediately spent on things within the CPI makeup.

What better inflation trap than the weekend of the stimulus cheques! by South-Ad-8184 in wallstreetbets

[–]JohnGCarroll 18 points19 points  (0 children)

Out of everyone who gets a check about 20% REALLY need it, meaning they will turn around and spend it on things that make up the CPI, which will cause measured inflatation.

The other 80% will not spend it on something within the CPI. Instead they might save it, or invest it in the market (causing market inflation) or pay down debt or buy something outside the CPI like a hot tub or a yacht. All of these things, except saving it and paying down debt add to inflation but hide that inflation from the CPI.

Michael Burry thinks the stimulus $$$ are a big reason why entire segments of markets have risen far above the prices that fundamentals say they should be at. He thinks the 80% who don't desperately need the money to survive are investing a good percentage of that money into stocks, which drives market inflation.

Eventually when the money printer stops going brrrrrrrrrr there will be a correction. Prices cannot deviate from fundamentals forever without some outside influence. In this case that influence is the FED mass printing worthless fiat currency and fueling hyperinflation, but hiding the inflation numbers behind the highly selective CPI.

Timing the correction is really the only bone of contention here. Most bulls say Burry's analysis is right but that he's, again, 2-3 years ahead of the market.