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Investment Thread - For all your money needs

Frosty said:
I threw some money into the YOLO and TOKE ETFs and they're up like 25% and 20%, respectively, over the past week. Might end up buying some more since I originally got into them with the long term in mind.
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I have those two, MSOS and CRLBF. Am thinking of cutting some long stocks and riding the wave until legalization. Should be plenty of room for growth still. Tempted by OGI but it took off too quickly to get in.
 
AMC Feb 19 2021 5.5 Call
AMC Feb 19 2021 6.5 Call
AMC Jan 20 2023 5.5 Call

We should use some of the boards money for image hosting.
 
Weed stocks taking a pounding today. Gotta figure there was some artificial pump and dump going on. Still think YOLO is a great long term play.
 
Liquid Karma said:
Weed stocks taking a pounding today. Gotta figure there was some artificial pump and dump going on. Still think YOLO is a great long term play.
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Yeah they were due for a red day after all the hype the past few days. I don't see the general trend turning around any time soon though unless there is a major red flag about legalization not happening.
 
HuskyDeac said:
Yeah they were due for a red day after all the hype the past few days. I don't see the general trend turning around any time soon though unless there is a major red flag about legalization not happening.
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I agree.
 
I guess I lean more conservative on investing than most and don't really know dick-all, but it's a pretty well-worn adage that stock-picking is a sucker's game for retail investors

genuinely curious why you think it's different for you all

tryna black swan it or something?
 
JuiceCrewAllStar said:
I guess I lean more conservative on investing than most and don't really know dick-all, but it's a pretty well-worn adage that stock-picking is a sucker's game for retail investors

genuinely curious why you think it's different for you all

tryna black swan it or something?
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Stoks only go up, Juice.
 
JuiceCrewAllStar said:
I guess I lean more conservative on investing than most and don't really know dick-all, but it's a pretty well-worn adage that stock-picking is a sucker's game for retail investors

genuinely curious why you think it's different for you all

tryna black swan it or something?
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I am very conservative with most of my investments, but I also have ~10% (+/-) where I take risks on certain things I think could have huge upside (or go to zero).

Nobody wants to hear about the buy and hold names that I have owned for years and will own for years, pretty much regardless of what they do day to day. And I also don't know that I'd recommend them on here because I think to own a stock like that you have to truly believe in the long-term thesis.

I do have the "advantage" of working in equity research and talking about these things all day (when I'm not posting). So I think that helps me identify long-term secular winners.

But when I posted that I like TELL a few weeks ago, that falls into the high risk/reward category. I still like that one, by the way.
 
JuiceCrewAllStar said:
I guess I lean more conservative on investing than most and don't really know dick-all, but it's a pretty well-worn adage that stock-picking is a sucker's game for retail investors

genuinely curious why you think it's different for you all

tryna black swan it or something?
Click to expand...

The majority of my money is very conservatively invested in ETFs and following the recommendations on the Motley Fool's premium services. Probably 90% of what I invest in are long term holds, but, like ATS said, those positions aren't super interesting. I just keep some money on the side to fuck around with because it's fun and I might make a little (or lose it all).
 
JuiceCrewAllStar said:
I guess I lean more conservative on investing than most and don't really know dick-all, but it's a pretty well-worn adage that stock-picking is a sucker's game for retail investors

genuinely curious why you think it's different for you all

tryna black swan it or something?
Click to expand...

while i don't eff with it too much, i do think the landscape has evolved to where it's now actually possible to win over the supercomputers and algorithms. making up numbers here, but it felt like >95% of a stock's true value could be figured out quantitatively but these days that % is way lower. would guess a combination of 1/ explosion of technology thats way less centralized than it was before 2/ way more retail investor money and 3/ new ways of bringing companies public like SPACs where there is a lot less info
 
JuiceCrewAllStar said:
I guess I lean more conservative on investing than most and don't really know dick-all, but it's a pretty well-worn adage that stock-picking is a sucker's game for retail investors

genuinely curious why you think it's different for you all

tryna black swan it or something?
Click to expand...

My teenage son started getting into stocks last January and has basically been day-trading for fun, putting a lot of money (for him) in last spring on random stocks and getting significant returns ever since. I've tried to explain to him that it isn't always like this but I think he now expects to retire on his earnings by the age of 20.
 
IAppreciateIt said:
while i don't eff with it too much, i do think the landscape has evolved to where it's now actually possible to win over the supercomputers and algorithms. making up numbers here, but it felt like >95% of a stock's true value could be figured out quantitatively but these days that % is way lower. would guess a combination of 1/ explosion of technology thats way less centralized than it was before 2/ way more retail investor money and 3/ new ways of bringing companies public like SPACs where there is a lot less info
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I fundamentally disagree with this, but it's obviously 100% up for debate.

1- Explosion of technology means the well-capitalized institutional money managers and quant funds have almost unlimited computing power at very low cost. Sure, most everybody has access to technology... But these entities are doing it with way more money and a lot more talent.
2- Meh... It's still a fraction of the market. But as you saw w/ GME, if concentrated in certain areas, it can have a huge impact.
3- SPACs aren't new. And most of them are dogshit. There are a few that I like, but even those are growth bets.

Not trying to start an argument... Just presenting another viewpoint.
 
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