Front Office Football Central - View Single Post

sterlingice · 02-25-2021, 05:04 PM

It's just fascinating to watch

Also, I kindof laugh at the people who are like "real" investors* blanching at this volatility or how this isn't the real market. Like there isn't a metric ton of bs manipulation, speculation, and valuations divorced from fundamentals with every other stock. Like Tesla is worth its crazy stupid valuations. Or cryptos or whatever. It's baseball cards and beanie babies but for grownups. This is just the crazy visible version of it, amped up to 11, and hyped up by a bunch of morons. I especially love watching Jim Cramer lose his mind over it, tripping over himself to protect his hedge fund buddies, and pretending to not get what's going on like he wasn't taken to the woodshed over this exact same crap by Jon Stewart over a decade ago.

*Especially the ones who are like "I've been making money hand over fist the last 10 years so I'm super investor"; no kidding: index funds have made money hand over fist the last 10 years because of this hyper-inflated market where the Fed is buying up bad corporate debt like a drunken sailor and Trump was busy super-charging the economy for the rich

SI

02-25-2021, 05:04 PM	#787
sterlingice Hall Of Famer Join Date: Apr 2002 Location: Back in Houston!	It's just fascinating to watch Also, I kindof laugh at the people who are like "real" investors* blanching at this volatility or how this isn't the real market. Like there isn't a metric ton of bs manipulation, speculation, and valuations divorced from fundamentals with every other stock. Like Tesla is worth its crazy stupid valuations. Or cryptos or whatever. It's baseball cards and beanie babies but for grownups. This is just the crazy visible version of it, amped up to 11, and hyped up by a bunch of morons. I especially love watching Jim Cramer lose his mind over it, tripping over himself to protect his hedge fund buddies, and pretending to not get what's going on like he wasn't taken to the woodshed over this exact same crap by Jon Stewart over a decade ago. Especially the ones who are like "I've been making money hand over fist the last 10 years so I'm super investor"; no kidding: index funds have made money hand over fist the last 10 years because of this hyper-inflated market where the Fed is buying up bad corporate debt like a drunken sailor and Trump was busy super-charging the economy for the rich SI __________________ Houston Hippopotami, III.3: 20th Anniversary Thread - All former HT players are encouraged to check it out! Janos:* "Only America could produce an imbecile of your caliber!" Freakazoid: "That's because we make lots of things better than other people!" Last edited by sterlingice : 02-25-2021 at 05:32 PM.