Retired finance professional. I can't see the future and neither can you; anyone who says different has something to sell. NOTHING I SAY IS INVESTMENT ADVICE.
Nov 30, 2018 • 7 tweets • 2 min read
Some trading advice I just made up:
⦿ Losing $1 hurts more than winning $100 feels good.
⦿ Making money is easy, keeping it is hard. That's a lie, making money is not easy.
1/7
⦿ No matter how many charts/stats/tables/hot tips you have, you're still just guessing and hoping.
⦿ You can lie to friends and family and strangers, but never lie to yourself.
⦿ Your system is probably crap and no better than a coin flip.
2/7
Jul 26, 2018 • 4 tweets • 2 min read
Here's every date in the past 20 years that a #FAANG stock was down 20% or more in a single trading session.
data: @YahooFinance
$FB $AAPL $AMZN $NFLX $GOOG
5 of the 11 dates are in July.
May 6, 2018 • 4 tweets • 2 min read
Warren Buffett is getting a lot of pub because he recently held his annual press conference that people tune in to, as if he'll magically tell them how to become an overnight billionaire.
You want the secret? Here it is...
(1/4)
$SPY $SPX $VIX
Get super lucky and start a string of businesses as a young teenager that provide you with a net worth like THIS before you reach adulthood.
Here's his net worth in today's dollars through time.
Did you have this much then? No? Then you blew it. Sorry.
