I agree with you that most people should stick to index funds. However, if you’ll allow me to nitpick a little about the “smartest, highest paid people” point, This isn’t quite the slam dunk argument against stock picking that many think it is. Value investing—which back tests

Mainland Chinese stocks going ballistic while Hong Kong stocks take major DIP 😱

The presence of these idiots in the market is a great money making opportunity for everyone else.

There are few traits that will serve you better in life than persistence. Many people take one little hit and think it's the end of them. Their thought becomes a self-fulfilling prophecy.

Amen brother! So many get mad at the markets when their company beats earnings or posts record revenue, and crashes anyway. It's actually long term earnings and FCF that drive long term gains, not revenue!

It's a superstitious world

I present to you: The proprietary 'Goldman Sachs strategy' for trading Chinese equities.

🚨 $TSM BEATS REVENUE ESTIMATES FOR Q3 FULL RESULTS OUT NEXT THURSDAY

$PLTR trades at higher P/E and P/sales ratios than NVIDIA despite having: 👉 1/3rd NVIDIA's net margin 👉 1/10th NVIDIA's revenue growth 👉 A lower FCF margin than NVDIA 👉 Way more competitors than NVDIA--apart from in the government business. 🧐

🚨HANG SENG INDEX UP ~3% AS CHINA ROLLS OUT ¥500 BILLION SWAP FACILITY SUPPORT THE STOCK MARKET $HSI

Prob gonna trim $BAC again if we hit $45 after next week's ER If I do then my remaining shares will be pure profit

🚨INVERSE JIM CRAMER MODEL PREDICTS TRUMP WIN IN NOVEMBER

EPIC thread

🚨CHINA DOING ¥2.3 TRILLION IN STIMULUS, ¥300 BILLION MORE THAN EXPECTED ¥2.3 TRILLION = $ 325.49 BILLION ¥300 BILLION = $42.45 BILLION

A WILD weekend in Chinese econ & markets. ✅On Friday evening--Sat in China--the gov't pledged ¥2.3 trillion in new stimulus ❌On Saturday CPI data came in, showing 0% change... PPI entered DEFLATION😱 🕐Sunday Hong Kong trading opens in ~9 hrs. Where do you see markets

Bloomberg Economics: A China-Taiwan war could cost $10 trillion or 10% of global GDP. The economic damage would exceed that of the 2008 financial crisis, COVID and the war in Ukraine. 2X the GDP hit caused by COVID.

🚨CHINESE MONKS PUBLICLY CHANTING AND PRAYING FOR BULL MARKET

Words of wisdom

The good, the bad and the ugly about $TD's fine and asset cap: 🤑 The matter appears finalized at $3 billion and the U.S. investment banking segment isn't affected (GOOD). 💩 These asset caps can last for prolonged periods of time; Wells Fargo has had a cap for 7 years (BAD)

🚨CHINA MULLS UPSIZING STIMULUS TO ¥6 TRILLION OVER 3 YEARS - CAIXIN