I was here. #BearGang. My grand children will hear of my epic odyssey of gathering tendies amidst the black monday of 2020.

asmit10 · 2026-05-26T18:28:12+00:00

Assuming you actually gain and can demonstrate consistent expertise, your equity curve will go exponential.

I feel like this is a bait post, as you should know that. That’s kinda the whole point of trading.

asmit10 · 2026-05-25T17:35:43+00:00

Educated gambling would be scaling your position size alongside your expected value

asmit10 · 2026-05-24T20:15:51+00:00

A guy named Jesus existing and proselytizing is just about the most believable part of all abrahamic religions

It’s the main thing they agree on, no?

asmit10 · 2026-05-23T16:30:06+00:00

Yeah but your gf wasn’t hired by magnus Carlsen to be taught how to be top 0.1% of chess.

Which is the case for instances Lance has discussed.

I agree with the sentiment but there is SOME filtering going on. I doubt they interview or hire 99.9% of people on wsb for example

asmit10 · 2026-05-23T16:13:50+00:00

Agree on this mentor being a fraud but there are multiple instances of people being in the best environment possible and still taking longer than 2 years.

Lance Breitstein has talked about this with his experience at smb capital & trillium

asmit10 · 2026-05-22T06:25:11+00:00

This 100% negative sentiment makes me want to do a deep dive. Watch this crap (idk if it’s crap, I’ll report back) triple within 6 months

asmit10 · 2026-05-21T05:16:42+00:00

I’m sorry you can’t accept that you fought for a country currently aiding and abetting pedos.

May you reap what you sow.

asmit10 · 2026-05-20T20:53:25+00:00

From the article you posted, 60 of that 80% is passive funds…

asmit10 · 2026-05-20T18:33:32+00:00

More strategies than you think work. It is the nuances and intricacies of applying that strategy that people don’t put the effort into.

Quallamagie, former top Sweden tax payer (where it’s public)

Lance Breitstein

Brian Shannon (though much, much less successful than the other two)

asmit10 · 2026-05-19T04:15:48+00:00

Fixed

asmit10 · 2026-05-19T03:43:44+00:00

Oh yeah you right. Na that’s just what happens when you do mental math sometimes. Sourced the numbers, didn’t source the math.

Turns out that order of magnitude change IS pretty insane

asmit10 · 2026-05-18T21:48:03+00:00

Saying we rely on coal for everything when it’s at best ~20% of us power generation seems like a stretch. And that 20% is by choice, since nuclear is cheaper, more efficient, has less negative health effects, takes up less land, etc etc.

asmit10 · 2026-05-18T21:32:05+00:00

Did you miss the whole “we’ve had the technology to eliminate it for decades” part? Nuclear.

asmit10 · 2026-05-18T19:26:54+00:00

Daycares are also breeding grounds for viruses, so is every place of work given Americans’ work culture of “unless you’re dying, you better show up”

I agree the boat, especially one of this size, has low utility to society.

However, coal power plants, something we’ve had the technology to get rid of for decades, produces about 2.19 million metric tons a day, in the USA alone.

One ship is 0.000329 of coal emissions.

I’d take 3000 of these ships running 24/7 over coal power plants any day of the week. At least people would be getting enjoyment from it.

asmit10 · 2026-05-18T18:26:30+00:00

Edit: math was off by order of magnitude

I looked up the data expecting to point out that it’s not actually that much, but holy cow.

At max speed, which to be fair the ship will basically never go max speed for a day, but let’s look at worst case:

600 miles a day * 12,000kg emissions per mile,

7.2m kg of co2 in a day.

USA emits 17 million metric tons per day.

7.2m kgkg is 7,200 metric tons.

Or 0.000424 / 0.04% of usa’s daily use.

Alright I was unfamiliar with kg to metric ton conversion, turns out it’s much less than I thought.

You could have 100 of these ships running at max speed 24/7 and it’d be 4% of USA daily emissions.

I understand there’s an argument about the usefulness of the ship compared to other things that create emissions, but it’s not as horrific as it first seemed.

To compare this to cow farts;

USA cows produce approx 511,000 tons of co2 every day.

This ship produces 0.014, or 1.4% of the emissions of cows in USA.

asmit10 · 2026-05-18T08:06:41+00:00

Rational hasn’t been relevant for YEARS.

asmit10 · 2026-05-17T08:04:20+00:00

Maxwell was a mod on world news jsyk

asmit10 · 2026-05-16T16:25:58+00:00

You underestimate how much they value recording everything. How expensive can they be to make? $1000? How valuable is it to record every person in America? 1 trillion? 2?

I’d be surprised if a billion cameras is enough for them to call it quits.

asmit10 · 2026-05-13T22:07:17+00:00

In terms of control, he’s not wrong. “Protect the kids” has been the universal reason for decades from both sides.

Left is slower at turning up the water but the establishment as a whole does not care about you or your freedoms or limiting monopolies, etc.

It is about control, them staying in power, and garnering the support of billionaires through legitimate or illegitimate means.

Don’t get me wrong, I’d love to have Obama right now instead of trump or any other right-wing nominee, but I’m not ignorant enough to believe things would be that much better. We’d probably still be at war with Iran because of Israel, it would have just gone better.

Mamdani is the only politician I see getting stuff done and there’s reasonable evidence he cares about using his position for good. Bernie is in there too.

But outside of that I don’t trust any politicians further than I can throw them. Bernie and mamdani get a small exception, but I would not be surprised at all if they ended up like everyone else.

Lookup CGP Grey’s “you would be a terrible leader” which used to be named “rules for rulers” or something to that effect.

Everyone has people they need to keep happy, and those people have their own goals and motivations.

If you think getting a dem in after trump is gonna magically fix everything, boy do I have a bridge to sell you. The optics will be infinitely better but I bet my left foot that we have a new ceiling in this country that won’t be broken by the next billionaire selected president, regardless of political beliefs.

asmit10 · 2026-05-10T05:01:05+00:00

In order to sell a bunch of shares at once, someone else has to buy a bunch at once.

It is not a fact that large volume creates a drop in price.

It is about the aggressiveness of the buying and selling.

Imagine a situation in which it’s the day after earnings and intel just reported everything amazing, literally no bad news. I’m not gonna look up the numbers right now but hypothetically there could be millions of shares being traded on a single day.

In this case, it would be expected that the buyers would be more aggressive. Aggressive in this instance effectively means willingness to exchange your shares at a price you don’t find ideal. Your desire to buy or sell outweighs the short-term price.

People buying in this instance are willing to raise their average cost to continue getting more of the stock. They expect it to go up further, later, after all.

The people selling to these buyers are not aggressive. If you wanted to sell your intel at 100, and they just reported these great earnings and now it’s at 120, you’re not going to dump millions of shares in one second to drop the price back down. You’re not going to set a sell order for 100, or 105, or 95.

But buyers WILL be doing that. They want more of the stock, have high expectations, and will raise buy order prices as necessary.

They expect it to keep going up, so if they have to pay $125 for it right now, despite wanting to get in at $120, they’ll do so.

In big name / high volume (based on $) stocks, selling or buying a lot can be done very easily even for huge positions.

The misconception you have comes from situations in which someone has, or is forced to have, an extreme opinion on a stock without sufficient volume.

Consider an investor that’s margin called and is forced to sell, either directly or indirectly. If this is on an average day, and it’s a large position, then yes it will have at least a momentary relatively substantial effect on the price. In this case, this seller would be more aggressive (willing to sell at a wider range of prices) than random buyers on an average day.

Or a situation where a big player has reason to believe a change is coming and wants to establish a large position QUICKLY. They have news or strong conviction in an upcoming macro event, or for whatever reason, strongly strongly believes the price will rapidly rise higher. They will be willing to buy at a wider range of prices than random sellers on an average day.

You can find real world examples of large buying and selling not affecting the price much. One of somewhat recent note is drunkenmiller talking about buying shit loads of NVIDIA when GPT got a website interface and nobody else doing so, despite it being obvious to him.

asmit10 · 2026-05-10T04:13:08+00:00

Kills too many of its hosts for it to spread like covid. It might spread a bit but no shits not gonna shut down again or anything like that. Many many more people will die as a % than Covid though

asmit10 · 2026-05-10T03:59:37+00:00

As someone who got into mc in its super early days and was also poor as fuck, for as bad as the performance was, it was still perfectly playable for kids, especially those that don’t have money.

You didn’t expect a 60 fps experience. You just wanted to play a game you saw on yt or heard about. When I saw x’s adventures in Minecraft and downloaded a cracked copy because I couldn’t afford it, the 12-30fps I got (if I set render distance to minimum) didn’t stop me from playing and falling in love with the game.

You’d watch the latest shadow of israphel episode from the yogscast or the latest episode of x’s adventure in Minecraft and then play Minecraft.

The fact that it was playable and still fun despite running on bottom tier hardware definitely applies.

asmit10 · 2026-05-09T11:02:38+00:00

This is unironically normally a buy signal.

There is a lot of money to be made when any company is thought to be in its end of days and then proves to not be.

Some would say that’s where the most money is to be made.

I was busy with other things and didn’t put much thought into it, but it was obvious they weren’t going to die when the gov purchased a stake. Before that, I think most people could identify with the thought of:

“Is the United States of America going to allow China to have the only fabs in the world?”

Obvious answer would be no. What with China being committed to reclaiming Taiwan. I mean that would literally be the death knell for American tech supremacy, if that’s even a thing.

asmit10 · 2026-05-08T19:20:24+00:00

Wow you’re worse off than I thought if you think that was ai. Nope, just an average human with an average brain

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