Yea

did you ban him

or did he leave

Kick

He can return

And then get banned

<:nice:786143233720713229>

@RJ For the time that I put in, the outcome isn't significant enough.

That's not to mention the industry-specific knowledge that you need too.

I thought you guys were talking about me for investing shittily. Lol Im still up on the day

I'm speaking from experience, from investing in agriculture and commodities.

No, I didn't criticize it.

I just said that I'm not a fan.

we need the stonks channel back

You barely outperform the market unless you find a gem.

When you do, the time invested is far too great.

Fun, yes. Sustainable, no.

Yeah, I just invest into an index fund for my 401k

Soo, if I had little to no knowledge, will that make me more successful in investing?

@CommoditisationShock I think you can find short term value and do frequently

Outpacing the market typically means doing >~5% a year, I think the effort it takes to get more than that through active investing is worthwhile

IPOs however are a trap

If you buy at the beginning

IPOs definitely are.

@RJ It could be.

I'm just saying that it isn't for me, not right now.

Fair enough

In the future, it probably will be.

I didn't mean to discredit any of you.

Anyhow, have any of you heard of Ray Dalio's All Weather Portfolio?

@CommoditisationShock no man I dont take offense to it. Posting my wins means i need to show my losses when they happen

Isn't it similar to the dragon portfolio model?

Well, I'd actually be very interesting in seeing them.

Well, not quite.

Wish I could relate, I never lose 😎

He says while he's down ~2% lmao

There are a bunch of variants.

I like to take risks

Here's one of the most famous ones.

Same here.