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  1. 7

    Sleepy Joe did it . Inflation raging . I saw 5 restaurants closed yesterday as no staff

    I don't think they would hire me because I mostly do what I like and would want to be paid a lot. But I see prices going up all around me.
  2. 7

    Investing in Jeffries (JEF)

    Leucadia bought Jeffries. However, longtine Jeffries CEO Richard Handler runs the show, so effectively Jeffries took control of the Leucadia assets and organization. ______ In the later years, the Leucadia portfolio was geared for an inflation ramp up that never came. Overall, the Leucadia...
  3. 7

    How much to add to a loser?

    Yes. Though correlation of bets and opportunity cost should be considered if the bets become meaningful to a bankroll. Fancy terms like expectation, variance and volume can be used in not overbetting but not overbetting (however one goes about it) is more important to long-term prospering than...
  4. 7

    Investing in Jeffries (JEF)

    I noticed DISCA and VIAC on Jeffries books (last quarter statement) and wonder how much, if at all, they were affected by the recent big hedge fund blow up (?) Historically JEF has used good risk control and efficiently sailed through the financial crisis while their larger cousins needed...
  5. 7

    Investing in Jeffries (JEF)

    Interesting in possibly buying more of the stock.
  6. 7

    Investing in Jeffries (JEF)

    Does anyone have insight into this investment banking firm (including the CEO) as a company and possible long-term investment?
  7. 7

    Does Trickle-Down Economics Actually Work?

    It works for the wealthy! (Not for regular people waiting for an efficient trickle)
  8. 7

    How Trader Jeff Yass Parlayed Poker And Horse Race Handicapping Into A $12 Billion Fortune

    Smart and nice guys. I remember when they were Vegas poker players, before they moved uptown to trade options.
  9. 7

    How to become a successful trader?

    All of that seems reasonable but in reality probably will not work Try to find a real winning pro trader who will chat with you: hard. Even here, hard for a nice to know Stay away from gurus-for-hire (and expensive courses) These are mostly fancy hustlers A good a possibly helpful read for...
  10. 7

    How to Buy Low and Sell High in Today Market Using Options Wheel Strategy

    You do not know what you are doing. Speak about this with as many believable people as you can. Good you are posting, hopefully for input. Best wishes.
  11. 7

    Need desperate help (Lost life savings)

    Start going to Gambler's Anonymous. Never trade again. Press max on your 401k.
  12. 7

    I cant make trading work for me

    Most people can never become meaningfully winning traders, especially in day trading. It is wise to seek council, as you are doing. Your goal is to speak with believable people, especially if they are currently trading. Private conversation where the other person can better evaluate you and...
  13. 7

    How to become a successful trader?

    "Most guru's-for-hire are hustlers and losing traders" + unless they are front-running a large chat room/ social media following. Lol.
  14. 7

    How to become a successful trader?

    I ha I have found a couple of strong ET traders who rarely post and have been privileged to develop private chat with them.
  15. 7

    How to become a successful trader?

    Great Question! Most people willing to speak with you at length will be losing traders. Most guru's-for-hire are hustlers and losing traders. Most traders lose, especially day traders. Only a few ET posters will be worth listening to and you have to sus this out. Things change: Big edges...
  16. 7

    What are possible reasons behind Quant Funds underperforming for past 5 years?

    Because their names are not: Medallion Fund. + Closed to outside investors for many years.
  17. 7

    Linda Raschke

    Linda has made a few posts on ET.
  18. 7

    Who else thinks a Correction or CRASH may be coming? My top call #2 1/9/2021

    You are kidding, right? Sooner or later..... Hoping for much later.
  19. 7

    Do you think this is the truth about day trading?

    Everyone who held to get SPY since inception did well Everyone who held Berkshire Hathaway since inception did well Anyone in their 20's who presses MAX and MARKET on their tax efficient retirement account figures to do well. If self-directed, suggest loading up on Berkshire Hathaway and holding
  20. 7

    Humbled Trader

    Thanks for your feedback.
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