Anler Posted December 9, 2019 Share Posted December 9, 2019 1 minute ago, ArcticCrusher said: Cause they have no idea what they are doing. I know right? They manage a couple hundred billion worth so they probably dont know shit. I hope they are wrong. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member steve from amherst Posted December 9, 2019 Platinum Contributing Member Share Posted December 9, 2019 Just now, Tickle Shits said: Yup it’s happened before and if you can weather the storm, there’s so much opportunity after a crash Problem is , the average schmuck gets nerveous , dumps, and turns a paper loss into a real loss. 1 Quote Link to comment Share on other sites More sharing options...
Rod Posted December 9, 2019 Share Posted December 9, 2019 1 minute ago, steve from amherst said: Problem is , the average schmuck gets nerveous , dumps, and turns a paper loss into a real loss. Yup it’s not a True loss until you cash out Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted December 9, 2019 Share Posted December 9, 2019 1 minute ago, Anler said: I know right? They manage a couple hundred billion worth so they probably dont know shit. I hope they are wrong. Show me their long term performances and I can tell you in two seconds if they are worth more than two seconds of fame. 99% of them are not. Quote Link to comment Share on other sites More sharing options...
DriftBusta Posted December 9, 2019 Share Posted December 9, 2019 9 minutes ago, Anler said: Maybe, maybe not. The largest hedge funds are buying puts and shorts that the market is going to implode by March of 2020. Like billions of dollars worth. Why would they do that? Oh ffs. Where do guys come up with this crap. Some are, some aren’t. No different than any other time in history. Last year JP Morgan analyists predicted a 50% chance of recession in 2019. Now they’ve doubled down and say there’s a 50% chance in 2020. 1 Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member steve from amherst Posted December 9, 2019 Platinum Contributing Member Share Posted December 9, 2019 Just now, DriftBusta said: Oh ffs. Where do guys come up with this crap. Some are, some aren’t. No different than any other time in history. Last year JP Morgan analyists predicted a 50% chance of recession in 2019. Now they’ve doubled down and say there’s a 50% chance in 2020. Well with the exception of the first 3 yrs coming out of one , one could say there is a 50/50 chance any yr. Quote Link to comment Share on other sites More sharing options...
Anler Posted December 9, 2019 Share Posted December 9, 2019 2 minutes ago, ArcticCrusher said: Show me their long term performances and I can tell you in two seconds if they are worth more than two seconds of fame. 99% of them are not. Look it up yourself, I am not trying to convince you of anything 1 minute ago, DriftBusta said: Oh ffs. Where do guys come up with this crap. Some are, some aren’t. No different than any other time in history. Last year JP Morgan analyists predicted a 50% chance of recession in 2019. Now they’ve doubled down and say there’s a 50% chance in 2020. Like I said I hope they are wrong. Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted December 9, 2019 Share Posted December 9, 2019 1 minute ago, Anler said: Look it up yourself, I am not trying to convince you of anything Like I said I hope they are wrong. I'm always researching, I know who is worth it and who is not, but hey there are always new players being added. This is an industry that comes down to individuals, small numbers and those with consistent stellar track records (<5%). Beating the normal hedged markets over the long term is a feat very few can do and these multi-strategy hedging approaches have been around for a while are not for the masses and most are not even allowed to offer in a non-exempt market. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted December 9, 2019 Platinum Contributing Member Share Posted December 9, 2019 Govt debt is a function of capitalism? I've heard it all now. Quote Link to comment Share on other sites More sharing options...
f7ben Posted December 9, 2019 Share Posted December 9, 2019 Just now, Highmark said: Govt debt is a function of capitalism? I've heard it all now. The fed has 5 trillion on the balance sheet from simply trying to extend growth. What the fuck else would you call it a function of???? Quote Link to comment Share on other sites More sharing options...
motonoggin Posted December 9, 2019 Author Share Posted December 9, 2019 3 minutes ago, Highmark said: Govt debt is a function of capitalism? I've heard it all now. Labor is cheap in the US because of it. So yeah, it's pretty much a function of capitalism. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted December 9, 2019 Platinum Contributing Member Share Posted December 9, 2019 Just now, f7ben said: The fed has 5 trillion on the balance sheet from simply trying to extend growth. What the fuck else would you call it a function of???? $5 trillion on a $20 trillion economy is not something to worry about. Do I like it....no. The rest of our debt was built up on a variety of things that are not called for in the constitution. Quote Link to comment Share on other sites More sharing options...
f7ben Posted December 9, 2019 Share Posted December 9, 2019 Just now, Highmark said: $5 trillion on a $20 trillion economy is not something to worry about. Do I like it....no. The rest of our debt was built up on a variety of things that are not called for in the constitution. Exactly.....supporting capitalism by attempting to spur demand through govt spending is not called for in the constitution. It is an example of capitalism though Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted December 9, 2019 Platinum Contributing Member Share Posted December 9, 2019 (edited) Just now, motonoggin said: Labor is cheap in the US because of it. So yeah, it's pretty much a function of capitalism. You think labor would become any different in your version of communism? Dude the people with skills and work ethic would still thrive. If not allowed to then it would hurt society. Edited December 9, 2019 by Highmark Quote Link to comment Share on other sites More sharing options...
Anler Posted December 9, 2019 Share Posted December 9, 2019 3 minutes ago, f7ben said: The fed has 5 trillion on the balance sheet from simply trying to extend growth. What the fuck else would you call it a function of???? Our govt privatizes profit and socializes debt. I dont know what you call that but thse guys think its great. Quote Link to comment Share on other sites More sharing options...
f7ben Posted December 9, 2019 Share Posted December 9, 2019 Just now, Anler said: Our govt privatizes profit and socializes debt. I dont know what you call that but thse guys think its great. Yup Quote Link to comment Share on other sites More sharing options...
Anler Posted December 9, 2019 Share Posted December 9, 2019 1 minute ago, Highmark said: $5 trillion on a $20 trillion economy is not something to worry about. Do I like it....no. The rest of our debt was built up on a variety of things that are not called for in the constitution. Like socialist things? Quote Link to comment Share on other sites More sharing options...
motonoggin Posted December 9, 2019 Author Share Posted December 9, 2019 1 minute ago, Highmark said: You think labor would become any different in your version of communism? Dude the people with skills and work ethic would still thrive. This post indicates that you obviously have no idea what capitalism or communism actually is, so... Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted December 9, 2019 Platinum Contributing Member Share Posted December 9, 2019 Just now, Anler said: Like socialist things? A lot of them yes and I'm not talking just about welfare programs. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted December 9, 2019 Platinum Contributing Member Share Posted December 9, 2019 (edited) Just now, motonoggin said: This post indicates that you obviously have no idea what capitalism or communism actually is, so... Coming from a guy who thinks humans will evolve and not care who contributes to society and who sits back and writes crappy poetry. Edited December 9, 2019 by Highmark 1 Quote Link to comment Share on other sites More sharing options...
f7ben Posted December 9, 2019 Share Posted December 9, 2019 Just now, Highmark said: Coming from a guy who thinks humans will evolve and not care who contributes to society and who sits back and writes crappy poetry. In 50 years there will be no manual labor What then?? Quote Link to comment Share on other sites More sharing options...
motonoggin Posted December 9, 2019 Author Share Posted December 9, 2019 Just now, f7ben said: In 50 years there will be no manual labor What then?? People like him will be hunted down like dogs and killed in the most gruesome way possible. Quote Link to comment Share on other sites More sharing options...
Anler Posted December 9, 2019 Share Posted December 9, 2019 2 minutes ago, Highmark said: A lot of them yes and I'm not talking just about welfare programs. Oh I know. There is a lot of waste. Quote Link to comment Share on other sites More sharing options...
Anler Posted December 9, 2019 Share Posted December 9, 2019 1 minute ago, f7ben said: In 50 years there will be no manual labor What then?? Maybe 20, with AI who knows. Quote Link to comment Share on other sites More sharing options...
f7ben Posted December 9, 2019 Share Posted December 9, 2019 1 minute ago, Anler said: Maybe 20, with AI who knows. For sure.....any number is just a guess but the eventuality is certain Quote Link to comment Share on other sites More sharing options...
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