Message from @seführ3r

Discord ID: 693366509078183986


2020-03-28 07:44:46 UTC  

No. I can make my own songs but I have no knowledge in music theory I just play whatever sounds good. It takes long though I really ought to learn

2020-03-28 07:45:41 UTC  

I can play a mean bass, anything from Chromatic Fantasy to Pulling Teeth, but I cannot write a song for the life of me.

2020-03-28 07:46:06 UTC  

I can write the words but I dropped the ball on learning piano: I guess I've got some time to catch up on that though

2020-03-28 07:47:48 UTC  

@BoostyRB25 On one hand I'm kinda glad I never got into stonks or asset trading but on the other it seems pretty lucrative for the people who get invovled in it

2020-03-28 07:48:23 UTC  

It can be

2020-03-28 07:48:28 UTC  

I mean put it this way

2020-03-28 07:48:36 UTC  

I can be really great at strategic business solutions.

2020-03-28 07:48:51 UTC  

Hedging, risk mitigation, all that stuff, but options trading.

2020-03-28 07:49:00 UTC  

Gotta really detach the ole emotions.

2020-03-28 07:49:06 UTC  

Set your entries and exits

2020-03-28 07:49:11 UTC  

and not continually look at it

2020-03-28 07:49:18 UTC  

I believe that was probably my biggest mistake.

2020-03-28 07:49:37 UTC  

Just having a fearful window on it at times.

2020-03-28 07:49:52 UTC  

@BoostyRB25 cool send me your money

2020-03-28 07:49:52 UTC  

I've accepted mass casualties and the deaths of people around me so I think I've got the emotional detachment aspect down.

2020-03-28 07:49:59 UTC  

lol

2020-03-28 07:50:14 UTC  

You watch unrealized gains go down almost 50% talk to me then

2020-03-28 07:50:29 UTC  

@seführ3r Okay but you have to pay a premium back

2020-03-28 07:50:34 UTC  

Whyyyyyy

2020-03-28 07:50:47 UTC  

Because I'm have control over the money

2020-03-28 07:50:57 UTC  

Not fairrrrr

2020-03-28 07:51:05 UTC  

And I've vested a considerable amount of time and effort, as well as risk/money into it

2020-03-28 07:51:09 UTC  

Just growing

2020-03-28 07:51:20 UTC  

I don't know: I've just never been a financially motivated person. Sure: trading with other people's money sounds stressful but frankly I'd be more worried about retribution from gilted clients

2020-03-28 07:51:51 UTC  

There's a man by the name of Michael Burry

2020-03-28 07:52:12 UTC  

He poured over the MBS prospectus' and actually saw beforehand that it was going to collapse.

2020-03-28 07:52:33 UTC  

He essentially bought MBS swaps (insurance if the prices/value of security falls)

2020-03-28 07:52:48 UTC  

His investors hated him when they saw he tied up their funds.

2020-03-28 07:53:00 UTC  

And couldn't relinquish control or the whole fund would go defunct.

2020-03-28 07:53:13 UTC  

The guy is "autistic", aka really focused, seemingly really intelligent too.

2020-03-28 07:53:25 UTC  

Long story short, after that whole incident, and I think a few investors tried suing.

2020-03-28 07:53:27 UTC  

I'm an autistic psychopath too lol

2020-03-28 07:53:39 UTC  

He closed the fund and trades for himself basically now.

2020-03-28 07:53:49 UTC  

Maybe other private trustees too but that's it really.

2020-03-28 07:53:57 UTC  

I like trading too, and I enjoy business.

2020-03-28 07:54:08 UTC  

But I've personally witnessed some of the ugliness of it firsthand.

2020-03-28 07:54:23 UTC  

People not understanding what they're buying, blaming you for it.

2020-03-28 07:54:41 UTC  

People trying to rip you off.

2020-03-28 07:54:52 UTC  

I would like to start a fund some day too.

2020-03-28 07:55:05 UTC  

But realistically, I think my talents would be better utilized in business solutions, not just investing.

2020-03-28 07:55:06 UTC  

see: that's why I just want my commune in the woods, Charles Manson style