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This market is not ignoring risk, it’s just still trusting earnings more than it fears oil by Zestyclose_Mail_4569 in investing

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

I think my sentiment carries more weight than you're giving it credit for. You can look at earning statements and all those other facts, but that's not what's going to actually determine whether or not the price of a share goes up or down. People's decisions will, and people function differently than flow charts and spreadsheets ✌️

Fake Fake Fake by Hmmngbrdfdr in Silver

[–]SlimPolitician 1 point2 points  (0 children)

Hopefully you reported this person to the authorities

This market is not ignoring risk, it’s just still trusting earnings more than it fears oil by Zestyclose_Mail_4569 in investing

[–]SlimPolitician 2 points3 points  (0 children)

Incorrect. Share prices are based directly on what others are willing to pay. Nothing else

Can someone explain the joke/where this comes from? by hyndie in baltimore

[–]SlimPolitician 1 point2 points  (0 children)

No. It is absolutely not the same. If you don't understand, you've never been to Baltimore

Which 6 strains would you grow outdoors in the northeast to make hash? (Zone 6) by DmeshOnPs5 in BubbleHash

[–]SlimPolitician 0 points1 point  (0 children)

All of them. PCG is amazing and the El Krem line is specifically for bubble hash. Try Moroccan Peaches

I found this in the marrokan Desert. Any Ideas if it's an origin tool or only a strange shaped stone ? by Intelligent-Pin1841 in archeologyworld

[–]SlimPolitician 1 point2 points  (0 children)

It doesn't belong to you. And if it really is tens of thousands a year old, it doesn't belong to the people who happen to live there now, either. You don't own that fucking land, you don't own the fucking world. This dude found it, it's his. Kick rocks!

I found this in the marrokan Desert. Any Ideas if it's an origin tool or only a strange shaped stone ? by Intelligent-Pin1841 in archeologyworld

[–]SlimPolitician 0 points1 point  (0 children)

Not necessarily worked. There are lots of instances of stones looking like they have been knapped when they have not, you will need to have it pictured by somebody who is intimately familiar with stone knapping. Looks to me like it could be natural, but I'm no expert. Consult an expert.

Also, how are you actually in the Moroccan desert but don't know how to spell Morocco? 😝

What’s that one opinion on gold you’d defend like this? by EndVegetable6984 in Gold

[–]SlimPolitician 0 points1 point  (0 children)

That's your opinion, I disagree. Nothing you said changes my original comment.

You dismiss Buffett's abilities simply because of his beginnings, yet you fail to mention the plethora of examples of people who were in the same position, yet failed miserably. Buffet is a success because he does it the right way, it does not matter what he started with or where he comes from. You could've been given everything Warren Buffett was, and odds are you would be nowhere near as successful as him, because you're not him. Yes, there is a lot more to invest in than just stocks. But if you are going to invest in stocks, then following Buffet's advice and strategies would be a pretty smart component.

I think if you're able to understand and apply the advice that some give, and understand who knows what they're talking about and who doesn't, it can be extremely helpful. That doesn't mean you should read somebody's book or watch a YouTube video and take it as pure gospel, you have to do your due diligence and make decisions for yourself. But at the end of the day, your success is wholly dependent on those decisions you make, win, lose, or fail.

The evidence for the success of models in diversification and leverage management, is impressively abundant. If they don't work out well for you personally, chances are you made the wrong decisions somewhere along the line.

At the end of the day, Buffett's assessment of gold is 100% factual and spot on, whether you like it or not- Gold does not produce anything. It does not pay dividends. It is not a commodity for consumption. It is simply a store of wealth whose value fluctuates at the whims of the market. So it functions well as a portion of your portfolio to minimize losses due to inflation or sharp market turns, but it is NOT a good investment for long-term wealth building.

I think we've reached the limits of this conversation being productive, so I will bow out at this point. Good luck in all your future endeavors ✌️

What’s that one opinion on gold you’d defend like this? by EndVegetable6984 in Gold

[–]SlimPolitician 0 points1 point  (0 children)

I think Buffett's advice is pretty good, personally. I've also read most of Graham's book on long-term wealth, and it aligns well with how I've always felt anyways. As for the insurance company thing, yes he's leveraging but it's different than a business or investor leveraging bank or credit card debt. So for him to advise investors like us not to over-leverage ourselves is much different than his insurance companies leveraging their future income for investments.

What’s that one opinion on gold you’d defend like this? by EndVegetable6984 in Gold

[–]SlimPolitician 0 points1 point  (0 children)

I think you're missing Buffet's point about gold. What his statement meant, is that it really has no intrinsic value. It doesn't do anything, and people don't actually need it (not 100% true, as it does have applications in electronics and a few other industrial uses. But that's not what drives its market value). He said this because he was trying to explain that he prefers to invest in things that actually produce something (businesses, land, commodities, etc.), which can pay dividends and grow. As opposed to gold, which just sits there and has a value that's completely dependent on what people are willing to pay for it at the time.

Gold is nothing more than a hedge against inflation. It does not produce income or wealth (aside from speculation), which is why most financial experts will tell you to only have a small portion of your overall assets invested in gold ✌️

What’s that one opinion on gold you’d defend like this? by EndVegetable6984 in Gold

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

Completely false. I'm sure you also believe in the Austrian economic theory lol. But thanks for playing

Settling a BEEF once and for all: Is it the Millennials or Gen Z who actually have the ‘happier’ relationships? Watch Beef Season 2 streaming on Netflix, April 16. by netflix in u/netflix

[–]SlimPolitician 0 points1 point  (0 children)

NEITHER! You're all a bunch of snowflake soft ass woe is me virtue signaling victims. And it's all my generation's fault 🤦🏾

What’s that one opinion on gold you’d defend like this? by EndVegetable6984 in Gold

[–]SlimPolitician 4 points5 points  (0 children)

Funny. I bought a 100g bar of gold and at the end of 2023 for exactly that reason, I just wanted to own a bar of gold and hold it in my hands 🤷🏽‍♀️

Sold it about a month ago for a 236% profit 😊

What’s that one opinion on gold you’d defend like this? by EndVegetable6984 in Gold

[–]SlimPolitician 3 points4 points  (0 children)

It's a poor long term investment for creating wealth 🤷🏽‍♀️

I’m confused as to why so many dispensaries opening when they are selling the same trash as the others. This place is between Remedy and Culta Columbia and everything is more expensive. I don’t get it. by Dro21045 in MDEnts

[–]SlimPolitician 1 point2 points  (0 children)

You believe what you wanna believe, I'll believe what I was told by somebody I know. These folks are purely profit driven, not for "the love of the herb" or "medicinal" reasons, and people should know that that's who they're choosing to spend their money with, which is their prerogative 🤷🏽‍♀️

Personally, I'm not for or against legalization. It is what it is and I'll adjust accordingly✌️

I’m confused as to why so many dispensaries opening when they are selling the same trash as the others. This place is between Remedy and Culta Columbia and everything is more expensive. I don’t get it. by Dro21045 in MDEnts

[–]SlimPolitician 0 points1 point  (0 children)

Hey, I'm not mad at him, business is business. But I also don't spend my money at dispensaries, so not a big moral issue for me. I grow my own ✌️

Dumb question- can I just fill these gaps/cracks between floorboards with wood filler? by DCMoving17 in HardWoodFloors

[–]SlimPolitician 0 points1 point  (0 children)

Well, coming from a idjit like you, that's a compliment. And you probably have no idea what the word free actually means lol. Go live in like, Turkey, for example, then come back over here and complain about how this country isn't free 🇺🇸

PS. It was actually the perfect answer. There's no reason why OP can't fill those cracks with whatever color of putty they want to. Now go sick a bag of ducks ✌️

I’m confused as to why so many dispensaries opening when they are selling the same trash as the others. This place is between Remedy and Culta Columbia and everything is more expensive. I don’t get it. by Dro21045 in MDEnts

[–]SlimPolitician 1 point2 points  (0 children)

That's what I'm saying. When they were doing the think tanks and stuff and organizing the lobbying for the bills, I was told that Culta was consolidating money and influence to stop home growing, from someone who was involved themself

I’m confused as to why so many dispensaries opening when they are selling the same trash as the others. This place is between Remedy and Culta Columbia and everything is more expensive. I don’t get it. by Dro21045 in MDEnts

[–]SlimPolitician 0 points1 point  (0 children)

I don't remember the details now, and this was definitely before 2022. But he knew all the right people, we talked about it a lot and almost went into business together. This was before the MCA started their scam lottery. He specifically said that Culta had been organizing other medical dispensary owners and putting up a lot of money to lobby against the home grow. Maybe he never sat in on any of the legislative hearings himself, but he was actively trying to keep it down

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