• UnderpantsWeevil@lemmy.world
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    2 days ago

    Buying at the all time peak is ALWAY a stupid buy

    If you bought NVIDIA at $43/share on September 1, 2023 you were an absolute dipshit.

    If you bought Palantir at $35/share on January 29, 2021 you were a total moron.

    Meanwhile, Bear Stearns at $60 in March of 2008? A fucking steal. Buy! Buy! Buy!

    Like playing the slot machines hoping for a jackpot.

    I always read the prospectus on a slot machine before I put money in. Strangely enough the p/e on these things is amazing, but I never make any money on my trades.

    • Case@lemmy.world
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      2 days ago

      I’m curious as to how much casino’s rig their shit.

      MIL is a gambler, a bad one too. I don’t think numbers will help her, but my wife could use them to try to dissuade her mother. At least, deter. Damage control.

      Do you have any documentation?

            • finitebanjo@lemmy.world
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              2 days ago

              If they were sarcastic they should amend with the /s

              You dont get to be treated respectfully when spewing stupid bullshit because the whole world is filled with stupid bullshit and you’re adding fuel to the fire.

              • JackbyDev@programming.dev
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                2 days ago

                I don’t think someone saying they check the prospectus of a slot machine is spreading stupid bullshit, they’re making a joke. It’s okay if you didn’t get it. There’s no reason to be defensive or get upset.