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  1. nrstrader

    Brady Retiring, Wildchild Called it

    Brady is why NFL talk is always fucking retarded. The guy is on pace to throw for 4800 yards 19 TD and 2 ints but somehow he is shot and done. Literally on pace to throw for the 3rd most yards of his career and the two above that are in the top 5 all time. He has an extra game played but he is...
  2. nrstrader

    Advanced Macroeconomics Certificate from Baruch MFE Program

    Macroeconomics is the current fake/bullshit field of the future real field of economic complex systems. Zero value in this stuff unless you are trying to join the well paid macro economic clergy that recites economic doctrine as if it was something real. "The models say inflation is just...
  3. nrstrader

    Who to listen to at ET?

    I don't think you should listen to anyone ever on basically anything other than trying to figure out what people agree on and then consider why the other side might make more sense. Don't listen to me though either. You have to figure everything out for yourself from scratch.
  4. nrstrader

    CTA exam prep - resources ?

    For any test at this point you should be drilling with Anki and learn to make your own Anki decks and cards. I actually think at some point in the future tests will be made much harder because of Anki and right now it is a massive advantage compared to those who don't use Anki. Making your cards...
  5. nrstrader

    Advice to new a trader

    Psychology is pretty much a nonsense concept across the board. A stand up comedian doesn't get comfortable on stage by studying comedian psychology and getting a coach. A comedian that is comfortable on stage is comfortable exactly because they have already bombed many times and have already...
  6. nrstrader

    Single Greatest Wealth Loss In History: $100 Billion Zuck-Bucks Vaporized As Meta-Bet Bombs

    I learned some VRML in 1997. Obviously, that wasn't going to work with a 75 mhz processor, 100 megs of ram and a modem. To me, people are being really short sighted with Meta at this point. Investing this much money into R&D on a hard problem will pay dividends. It will even pay dividends in...
  7. nrstrader

    Dot-com bust 2.0 is becoming a reality

    There are 87,998 jobs with the keyword javascript right now on Indeed. If this is true then we should see a massive loss of jobs when it comes to front end development. All we have really had so far is a repricing of public tech stocks after getting into a stupid situation with the pricing of...
  8. nrstrader

    Pelosi's Husband Beaten With A Hammer

    I can't stand Pelosi but fuck the attacker. Hope he gets crushed in prison. Violence against our elected leaders is spitting in all our faces no matter what side you fall on. I am pretty shocked the Pelosi's wouldn't have private security though.
  9. nrstrader

    Buy amazon after bell?

    Just a not a fan right here. Don't forget that with Amazon you are just as much buying AWS and cloud computing as you are the retail store. AMZN wasn't able to outperform QQQ during 2020 even when they were literally the only game in town during the lock downs. Google and Meta can let the dog...
  10. nrstrader

    Best learning resources for fundamental analysis ?

    Damodaran's youtube channel is a treasure. Basically like Ben Graham putting out tons of youtube content and updates on market valuation. If you are really motivated his entire NYU valuation class is on there. Damodaran is also an absolutely brilliant teacher.
  11. nrstrader

    Bought 100 shares of Google today...

    I like Alphabet quite a bit here too but it just doesn't seem quite at fire sale prices like META for a long term hold. Still a really great price though. Have to expect more painful quarters here but expecting to wait and buy the decade low tick is pretty unrealistic. Amazon is really the...
  12. nrstrader

    Turmeric supplements have been linked to liver damage in five people

    It is just utter bullshit to draw conclusions from 5 people. However, since so many people are taking turmeric this story will get traction and gain a lot of eyeballs. That is where we are at in society. Alice Klein is not a scientist. Just the typical bullshit artist that passes as a journalist...
  13. nrstrader

    Life after 50

    I am not 50 yet but completely ditching all my powerlifting stuff and converting to knees over toes guy type stuff. I thought his name was so stupid but the guy is really amazing. I am about to go do my first workout with walking backwards with a sled. I have done tons of sled work but never...
  14. nrstrader

    META Bottomfishers?

    I bought some more at $99.70. Trying lower my inventory of overpriced USD at this point. I am happy to build a position at these prices for a 10 year holding time. I can eat a 50% draw from here. This free cash flow table from the earnings call is so ugly I can see how long term investors...
  15. nrstrader

    Best low risk investments, Oct 2022

    A low risk investment is a CD. Otherwise, "low risk" is usually a euphemism for low return with hidden or unaccounted for risk and a bad bet in general. I think the best risk reward bets right now are trading strong USD for beat up emerging market equity. Of course, if you have a product...
  16. nrstrader

    INTC (Intel) has bottomed

    I am an Intel guy and excited by the 16 core i9s but I am just not in any hurry to get in at these prices for the stock. If anything we are practically drowning in so much redundant compute capacity. I want one of those i9s to scale out such a specific compute problem that 99% of the time would...
  17. nrstrader

    Industry standard backtest tool is vectorbt pro?

    I am sure the "standard" at the most successful hedge funds is a custom solution that is just integrated into the general infrastructure. In the grand scheme of things a back testing engine is just not a hard problem to solve. With that said, VectorBT looks really nice. Doing everything...
  18. nrstrader

    China Consulate-General displaying Chinese traits well

    "Late stage captalism" is such an utterly bullshit concept. Marx himself would have massively changed his ideas if he had lived to be 200 years old. The idiot modern religious Marxists though use this term to not accept being basically completely wrong economically. Really no different than...
  19. nrstrader

    China semiconductor industry decapitated

    All a person has to do is click around google maps on Chinese cities you never heard of and look at the road maps. It is in unbelievable what they have built in so short of time. Completely mind boggling. Our fate was sealed though once Xi Jinping came to power. An emperor with as much power...
  20. nrstrader

    How Elon Musk's rational brain works :-)

    The reaction to Musk is the most pathetic thing I have ever seen in my life. A society of fucking retards who have basically outsourced their thinking completely to their phone. Ukraine Good! Russia Bad! duuuuuuuuuuuuurrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr. Stupid mother fuckers who couldn't...
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