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by pjc50 132 days ago
We're deep in an era where "finance cosplay" is a thing. Wallstreetbets, zerohedge, the memestock subreddits. And daytrading apps to go along with that, like Robinhood. The trick is to realize that most market discussion you're not paying for is itself marketing at best and cosplay at worst. People doing this stuff professionally have Bloomberg terminals. Do not attempt to compete with Bloomberg Chat.

I am also veeery suspicious of monocausal finance explanations. There's simply a lot going on. The Greenland nonsense will definitely have moved the needle somehow; while a token deal was made to get it out of the media and allow all the insiders to front-run it, some very real changes are now going to happen over a longer period in order to decouple from US risk.
2 comments
tarsinge 132 days ago
> The trick is to realize that most market discussion you're not paying for is itself marketing at best and cosplay at worst.

There was a leak posted on Wallstreetbets of some paid analysis (https://www.reddit.com/r/wallstreetbets/comments/1qpwyqz/dbs...), and it was basically follow the hype with a layer of sophisticated post rationalisation on top. I fail to see the difference between these and the average "DD" on an investing subreddit.

Excerpt from the Tesla one (https://www.dbs.com/content/article/pdf/US_clover/Tesla.pdf):

> Leading EV manufacturer. Tesla is a leading global EV manufacturer, backed by its firm market leadership and healthy automotive margins. Tesla's leading share is backed by its economic MOAT in EV charging infrastructure and supercharger network, autonomous driving and other software (e.g., full self- driving aka FSD) (...) Tesla’s pivot toward AI provides a long- term growth foundation, but near-term performance will remain sensitive to progress on AI-driven execution milestones.

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tcbawo 131 days ago
The actual smart money isn't selling knowledge to anyone else. They are using it to make money.
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duxup 132 days ago
>We're deep in an era where "finance cosplay" is a thing.

I feel the same way. It's so frustrating. I try to read and learn and then just hit one of "wait those numbers don't add up", or "this reads like the author just learned about this thing too" and other strange logical leaps time and again.

It is hard to really learn anything.

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DoctorOetker 132 days ago
learn what you can verify more objectively instead: mathematics, physics, chemistry
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