Right. A lot of people think they are now super-investor-extraordinaries cause they got lucky on a pump and dump. I got a colleague with no savings or portfolio who turned $500 stake in GameStop into $10,000. He really thinks he’s the wolf of Wall Street now.Now everything's dropping like a brick.
The risk got to be calculated though. Not this chaotic shyt that was going on yesterday and today.


It really killed his buzz when I told him that usual market gains are only 10-20% on a good year, through diversification. Somehow, I just know he’s gonna throw his entire 10k into some short term meme stock in the future.

It’s getting crazy out here. The 2020s are starting to resemble the 1920s, mainly cause RB is giving random people margin and everyone and they momma can make a few hundred speculating. They all oblivious to the BAD years. If we get a 1929 event, I can truly see folks jumping out windows or on to train tracks cause they put all their retirement money in bedBathAndBeyond or AMC.

longterm trends and compound gains for the win.
