I spent a lot of time on investing, along with a well paying career in tech I made enough to be financially independent and retire by 40. The thing that pisses me off is you can tell people all you like that it is a fraudulent and rigged system and they never truly grasp what you are saying.
Some will even agree it is rigged and then go back to sleep and keep putting money in the rigged game thinking they can beat the rigged system.
All this Robinhood crap is is now getting lost in the weeds of who rigged it rather than the massive problem the system is rigged. Who to point the finger at is more slight of hand to stop any justice happening.
I'll let you into something that is beyond obvious, there was massive fraud going on with GameStop shares, shares were being created from thin air. This fuckery wasn't just to save Melvin Capital, it was to protect the purposeful strategic failure to deliver scam that is common by hedge funds.
It's very rare I bother with the markets anymore, while it is possible to do well in them, it is so much stress and a lot of hard work to be consistently profitable when the table is tilted. You are just at a huge disadvantage as you lack the ability to cheat that the big guys use daily to screw over regular people.
I spent a lot of time on investing, along with a well paying career in tech I made enough to be financially independent and retire by 40. The thing that pisses me off is you can tell people all you like that it is a fraudulent and rigged system and they never truly grasp what you are saying.
Some will even agree it is rigged and then go back to sleep and keep putting money in the rigged game thinking they can beat the rigged system.
All this Robinhood crap is is now getting lost in the weeds of who rigged it rather than the massive problem the system is rigged. Who to point the finger at is more slight of hand to stop any justice happening.
I'll let you into something that is beyond obvious, there was massive fraud going on with GameStop shares, shares were being created from thin air. This fuckery wasn't just to save Melvin Capital, it was to protect the purposeful strategic failure to deliver scam that is common by hedge funds.
It's very rare I bother with the markets anymore, while it is possible to do well in them, it is so much stress and a lot of hard work to be consistently profitable when the table is tilted. You are just at a huge disadvantage as you lack the ability to cheat that the big guys use daily to screw over regular people.
that is a garbage transcript at best