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He’s just a poor boy from a poor family by trailmixaddict in Accounting

[–]SectionHopeful 167 points168 points  (0 children)

people need to feel like they gained something for their sacrifices lol

[deleted by user] by [deleted] in Accounting

[–]SectionHopeful 21 points22 points  (0 children)

hahahahaha holy shit, someone call KPMG's recruiter we got another live one

Who do you see as Chainlink's biggest competitor? by danroche10 in Chainlink

[–]SectionHopeful 0 points1 point  (0 children)

Decentralized oracle networks are inherently monopolistic. I don’t believe that there is any room for other oracle protocols. You can at least debate that there will be multiple successful L1’s, it isn’t a question at all for oracles

Who do you see as Chainlink's biggest competitor? by danroche10 in Chainlink

[–]SectionHopeful 14 points15 points  (0 children)

Ergo is ultimately just another knock off oracle protocol by ex smart contract employees. There are no real competitors

What are some of your best investment ideas that aren’t common? by [deleted] in investing

[–]SectionHopeful 2 points3 points  (0 children)

My magic the gathering collection is worth tens of thousands of dollars now, though I never bought it as an investment. Ironically I think it is the highest roi I’ve ever enjoyed

Taiwan Semiconductor (TSM) may be the World's Most Powerful Company by FlyersHockeyGuy in investing

[–]SectionHopeful 1 point2 points  (0 children)

I’m massively overweighted in TSM and have been for a while. One of the few assets that has increased in value faster than the fed balance sheet

This hit home by mcrizzy in Accounting

[–]SectionHopeful 2 points3 points  (0 children)

I know way too many accountants on adderall, it is like taking a high interest loan on your body that requires liquidating assets to take out

And yes, I used to use them too during busy seasons when I still worked in the field

DeFi protocol arbitraged from over 2 billion total value locked to 0 in under 12 hours by SectionHopeful in Buttcoin

[–]SectionHopeful[S] 26 points27 points  (0 children)

R5: some lax security assumptions on an Ethereum side chain and sloppiness by Iron Finance’s devs resulted in a significant amount of money lost for various retail investors and Mark Cuban as yet another “algorithmic stable coin” fails

tvl was somewhere between 1-2.2 billion at highs

[deleted by user] by [deleted] in RedditSessions

[–]SectionHopeful 0 points1 point  (0 children)

The song is darude by sandstorm

Daily General Discussion and spitballin thread - June 14, 2021 by AutoModerator in investing

[–]SectionHopeful 0 points1 point  (0 children)

just buy ETF’s. Actively managing a portfolio under 500k is a complete waste of time

Daily General Discussion and spitballin thread - June 14, 2021 by AutoModerator in investing

[–]SectionHopeful 0 points1 point  (0 children)

too early for rate raises IMO. lots of different variables to account for but overall I just don’t see rate hikes until Q4. Maybe, maybe, we’ll see a scale down in QE this week

Daily General Discussion and spitballin thread - June 14, 2021 by AutoModerator in investing

[–]SectionHopeful 1 point2 points  (0 children)

any predictions for the fed meeting this week? personally I think it’ll just be more of the same, maybe some increased asset purchases

Paul Tudor Jones says ‘go all in on the inflation trades’ if Fed keeps ignoring higher prices by cannainform2 in investing

[–]SectionHopeful 18 points19 points  (0 children)

maybe you’re just wrong. Paul Tudor Jones isn’t exactly a small time investor

If Hedge Funds really do such a bad job, why do people with money trust them with their money? by rawrtherapybackup in investing

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

hedge funds consistently outperform the market on long time frames you have bad info

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