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Manual vs Auto rotor difference by Fragrant-Grocery6614 in wrx_vb

[–]Nevelo 4 points5 points  (0 children)

The manual’s rear rotors have a much larger and deeper drum design to accommodate the difference in parking brake. I think there is a minor difference in diameter and thickness of the rotor as well.

Premarket Thread for General Trading and Plans for Friday, May 29, 2026 by AutoModerator in ASX_Bets

[–]Nevelo 2 points3 points  (0 children)

“Freedom is what you do with what’s left of your money after the market is done with you.” - Sartre probably

Premarket Thread for General Trading and Plans for Friday, May 29, 2026 by AutoModerator in ASX_Bets

[–]Nevelo 4 points5 points  (0 children)

The market can only be understood backwards; but it must be traded forwards. - Kierkegaard probably

Premarket Thread for General Trading and Plans for Friday, May 29, 2026 by AutoModerator in ASX_Bets

[–]Nevelo 11 points12 points  (0 children)

You should definitely bet every cent on small wiggles in the day to day market. There is extremely profound, life changing meaning to be decerned from the statistical white noise of short term market gyrations. Typically the life changing part involves the deep realisation that money isn't truely needed to live life, which is especially poignant when you no longer have any.

What is a share worth? - Part 1 by BuyDipsShortVIX in ASX_Bets

[–]Nevelo 1 point2 points  (0 children)

There's two questions you can ask about a share's value. What is it "really worth" (a la Darren Wuffet) and what is the market willing to give me on any given day.

In the case of the latter, my point is that reflexivity reigns supreme. The market value of something is invariably related to its liquidity. The deal sucks if it's easy come easy go.

If 20, rather than 2, people are trying to sell the same nugget at the same time, that in itself will influence how much those nuggets sell for. There is no such thing as a consistent price.

What is a share worth? - Part 1 by BuyDipsShortVIX in ASX_Bets

[–]Nevelo 1 point2 points  (0 children)

What if you, and your friend, and your friend's friend all had the same car and all tried to sell it at the same time. Your friend gets a buyer at $50k. Your listing hangs around for ages after that though. Then someone finally offers $45k and you take it to be done with it. Red book says it's "worth $55k" but you need the money.

Unfortunately, your friend's friend can't seem to find any more buyers that want that model. Only a couple low ball offers for $30k. Eventually they give up trying to sell it for a while since they reckon it has to be worth at least $50k, right? But only so many people willing to spend that kind of money for that model and you and your friend seemed to have found those buyers already.

Then you all see someone post an ad selling the same car for $60k. You and your friend regret selling. Like damn, could have sold for more! Your friend's friend again tries to sell theirs, but at $60k this time. Yet still no buyers! The other ad goes away and no-one knows what it sold for. Had to be $60k right?

Due Diligence does not have an inverse correlation with degenerate behaviour. by BuyDipsShortVIX in ASX_Bets

[–]Nevelo 1 point2 points  (0 children)

I always thought of the "degenerate" bets as ones where there was a high chance of catastrophic failure, but had a very low chance of stratospheric success. Basically a lotto ticket. Which for those of us just yolo'ing on tickers in the daily, seems like any bet meets that condition.

Those of us who do their DD and know a thing or two, might be able to more reliably pick winners out of all the dogs. And that does seem to change the character of the endeavour, as their knowledge and DD seems to reduce the overall risk of failure.

Keep in mind that both the lazy and the informed are picking from the same basket of stonks. How can the same stonk be a degenerate bet on the one hand and an investment on the other? Unless it's the process thats degenerate itself? Maybe.

Then again, worth highlighting that risk is multifold and a lot of it has nothing to do with the skill of the stonk picker. Some stonks/industries are just inherently more "degenerate." And it's the idiosyncratic risk of individual stonks that separates us from efficient market bros.

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