@Deleted User interesting, are they sensative to the Trump China tariffs?

RIP tesla

SEC charging elon musk with fraud, seeking removal as chairman and CEO

“Funding secured”, “share price 420”, “he thought it would make his girlfriend laugh”

I guess hydrogen won this war.

That's a big drop... But why isn't the drop more?

Who made money on PredictIt? @ThisIsChris @SamanthaM ?
https://twitter.com/columbiabugle/status/1045733873131417600?s=21

Haven’t used PredictIt before. Good suggestion!

@Tanner - SC here yes!

I misunderstood. The Friday vote was simply a vote on whether or not to vote on Saturday. This is clown world. And regarding the Saturday vote ...

"Jeff Flake is saying that if Trump doesn’t order a “pause” for a week-long FBI investigation, Flake will kill the vote in the final vote in the Senate, which he has the ability to do if he can get just one other GOP Senator to go along with him, which he can do."

What can we expect to see from this?

@Deleted User stock market went up over night. In the deal it's probably better for the US, although Mexico/Canada are going to be happier with this than no deal at all

Anyone following the shakeup in GE leadership? New CEO, Lawrence Culp, is the first outsider in 126 years.

@SamanthaM yeah I've been following it a bit but I didn't know about that. What do you think? When I was a kid my dad used to tell me GE has some of the smartest people, so when I started investing in the early 2010s I looked into it, but it was already struggling for years at that point. Any thoughts?

Your dad is right, they have great people. The company, however, has been in decline since 2000. They’re a huge conglomerate with subsidiaries in nearly unrelated industries. It’s an unsustainable model.

Would be better if GE were to break up and create smaller holding companies based on its 10 basic segments.

are there any professional investors in IE?
i'd like to "hire" one of our own to invest my money

If you don't find one, consider robo investing. I learned about it from my graduate-level investment finance professor.

It takes all the mathematics that investment managers follow and automates it, assessing your risk tolerance and allocating accordingly.

I've met one I beleive at an IE speaking event, not sure his discord.

@SamanthaM may be able to help you out

@Zyzz Thx. Already dm-ed.

Whelp, I'm just about done completing my first month of real trading with an account up 11.5%.

not terrible?

Not at all. Robinhood?

robinhood to execute, think or swim to analyze

Very nice

I may redownload Robin hood soon. Because of /biz/, I became convinced that it was exclusively for pump and dump schemes

@Tanner - SC my only questing about robo-investing is, if it works so well, why are people selling it for a buck instead of hoarding it for themselves haha

@Deleted User robo-investing’s value proposal is not that it beats the market. That’s the value proposal of hedge funds, among other things. The value proposal of robo investing is that it automatically aligns your risk tolerance along the optimum sharpe ratio ... **with the lowest fees humanly possible** and without human bias. So if you want 75% of the risk of a well-diversified portfolio, it does the diversification for you and it does the 75% allocation for you.
<https://en.m.wikipedia.org/wiki/Sharpe_ratio>

interesting, have you any experience in using one?

@Deleted User congrats!

@Deleted User no sir. I don’t like bonds nor the current state of equities, but I like learning about investing and recommend robo for most people over human manager (index fund is another option). If/when I get back into equities, that’ll be one of my first destinations. I’m impressed with what I’ve seen.

What's your ideal equity market look like?

I don't have much perspective being rather new

Bonds are Jewish instruments to steal income from future generations to pay profits to investors today.

As for equities, the current political environment is very unstable. The country is also in extreme debt. Beyond that ...