who would have thought that the best performing ideas are the companies that lose money. 2021! YOLO INDEX FTW. WSB is taking over!
What’s the updated cagr? I just saw I had a draft reply to you that I never posted on this thread
lol 19.41%. I had thought it wouldnt have changed much given its a 10 year horizon. but bull markets blast off.
I’m so beta
This is truly something to witness. Guy on WSB buys 50k worth of call options on GME and is up on the position nearly 23m. There’s an army of Robin Hood’ers all betting their 3k life savings chasing. Collectively they’ve nearly bankrupted a hedge fund and created the mother of all short squeezes. Admittedly I’m looking forward to the day this goes sideways and the hard lessons are learned. While the “boomer” portfolio will live to fight another day.
If it makes tour feel better, he’s prolly paying 13m in taxes.
And I thought my small speculative blind bet on BTC was borderline reckless.