The need to check the journalism industry. I have a friend of a journalist who makes a lot of mysterious money working from home.
Virtually everyone knows either that's a scam or they're doing something illegal.
Well it turns out every time there's a story about to go out on Apple for example, the journalist calls him beforehand. He tells him about sporting related incidents in advance as well so he can gamble before the odds drop.
He tells me half the journalist industry does this and many articles only go out to make them rich.
Journalists have huge control over the stocks. Spending correlates strongly to the news.
This is a real tip off. The SEC should investigate any traditional media company. They have been doing this for decades.
This is why the Bloomberg Terminal was created back in the day. Information on Wall Street is the currency, wealth is the reward for having the correct info at the right time - meaning before everyone else . It used to cost about 20-30k to have one on your desk, probably 50k back in the 80s/90s. Now it’s algo, speed + who, why and where (trades are coming from).
Didn’t know about that but it makes sense. Honestly when you start with nothing from a broke ass family and have to build your way up, you don’t get to play by the same rules as many of these people that have an in. No wonder it feels like you are spinning your wheels sometimes.
The need to check the journalism industry. I have a friend of a journalist who makes a lot of mysterious money working from home.
Virtually everyone knows either that's a scam or they're doing something illegal.
Well it turns out every time there's a story about to go out on Apple for example, the journalist calls him beforehand. He tells him about sporting related incidents in advance as well so he can gamble before the odds drop.
He tells me half the journalist industry does this and many articles only go out to make them rich.
Journalists have huge control over the stocks. Spending correlates strongly to the news.
This is a real tip off. The SEC should investigate any traditional media company. They have been doing this for decades.
This is why the Bloomberg Terminal was created back in the day. Information on Wall Street is the currency, wealth is the reward for having the correct info at the right time - meaning before everyone else . It used to cost about 20-30k to have one on your desk, probably 50k back in the 80s/90s. Now it’s algo, speed + who, why and where (trades are coming from).
Didn’t know about that but it makes sense. Honestly when you start with nothing from a broke ass family and have to build your way up, you don’t get to play by the same rules as many of these people that have an in. No wonder it feels like you are spinning your wheels sometimes.
Damn. Underrated comment.