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  1. The_Krakenite

    Today is a good day to --

    Do just about anything but nothing. The bear-market rally already ran out of steam on Friday. Certain Nasdaq stocks fell so hard that Coin for example is on short-sale restrictions and up-tick rule is still enforced today as the markets were still not happy again this Monday. :sneaky: My IBKR...
  2. The_Krakenite

    Tesla TSLA has topped

    I'm confused. WTF does quantum computing have to do with EVs? That's like, a piss-poor application of them.
  3. The_Krakenite

    What are you presently reading?

    Sunday afternoon now, and I've finished the Economics book. It was another decent review of history & philosophy, etc. I have another book on Plato I will possibly finish later tonight. The sad part is, I have a bunch of un-finished library books to return soon, but I keep starting other books...
  4. The_Krakenite

    Google invests $1.5bn in crypto companies, new data reveals

    . Laugh all you want, but you'll be sorry one day when crypto goes to zero and MSTR blows up. It's going to zero... zero... zero! I'm holding onto my shorts no matter how high it goes. I started shorting when ETH fell into triple-digits. And I'm struggling now to hold them in 4 figure digits...
  5. The_Krakenite

    Why This Computer Scientist Says All Cryptocurrency Should “Die in a Fire”

    This is what you can effectively call a name-brand (recognition) 'Moat'. Kinda like how McD's, Coke, and even over-priced exploitive slave-camp companies like Nike work. In the modern capitalistic society, people no more base on want & need. Manipulative advertising targets the consumer in order...
  6. The_Krakenite

    What are you presently reading?

    I finished the Capitali$m guide this afternoon. It was ok, a LOT of philosophy and history in it. Now, to read the Economics version:
  7. The_Krakenite

    Why This Computer Scientist Says All Cryptocurrency Should “Die in a Fire”

    You really ought to read Buffett 101, or any basics on value investing! :banghead:
  8. The_Krakenite

    Why This Computer Scientist Says All Cryptocurrency Should “Die in a Fire”

    The nice thing about being an investor, is you can always DCA in and this lets you sleep better at night. :D
  9. The_Krakenite

    Why This Computer Scientist Says All Cryptocurrency Should “Die in a Fire”

    You forgot the 'big' banks as well. Some of their geniuses are so smart, they can do illegal things in open sight, and yet still get away without prosecution. EVEN when outed in a high-profile bankruptcy prosecution case! On the other hand, an idiot on the street like YOU and I would have the...
  10. The_Krakenite

    What are you presently reading?

    I just now finished reading "Introducing Kant". A Graphic guide. And now along that line of books... I'll start this one tomorrow maybe:
  11. The_Krakenite

    What are you presently reading?

    I may have seen that Marx book at the library earlier this week. But I already had a bundle of stuff I signed out. One thing I'm going to cancel checking-out are the 'The Economist' magazines I've been reading editions on. Just too much far-left political garbage in them and other feminist...
  12. The_Krakenite

    Discounted Cash Flow

    Unfortunately, VaR is a very flawed concept. It's been blamed for many disasters.
  13. The_Krakenite

    What are you presently reading?

    I have not read Myth of Sisyphus yet. However, I've come across the title multiple times this week. I will jot it down on my to-read list since a number of people have suggested it already. Just tonight I am finishing off a silly intro to philosophy book: I Think, Therefore I Draw
  14. The_Krakenite

    What are you presently reading?

    I just finished this book. I found it in the business section of a thrift shop and it had really nice-to-touch glossy paper. lol Simplistic book, but I didn't mind it. I have picked up a bunch of philosophy books... Looks like going forward I will most likely branch out from just...
  15. The_Krakenite

    Kevin O'Leary says sovereign wealth funds want Bitcoin

    I read one terrible O'Leary book in my life. Never again. Every time I visit a thrift store here, his financial/wealth books are the only ones I refuse to buy practically.
  16. The_Krakenite

    'Big Short' investor Michael Burry sold all but one of his stocks last quarter

    https://stockcircle.com/portfolio/michael-burry I am actually glad he sold off my Canadian tar-sands companies. I've got some cash sitting around waiting to find a good entry to buy more in the near future.
  17. The_Krakenite

    How the US Toppled the World’s Most Powerful Gold Trader

    This is a common practice, and I am not sure what the big deal now is? People need some sort of counter-measure against HF competing firms. If this was a case of insider-trading, then that's another story. Still scratching my head why no one is bothering to investigate Pelosi's magical crystal...
  18. The_Krakenite

    Anyone planning to trade/speculate the Ethereum Merge event?

    Still possible to have a lot of (Buy the Rumor --> sell the News) swing-traders cause a negative reaction after the update goes. But... I'm not banking on that either. Canadian REITs hit their middle-of-the-month distributions payout last night, so starting 9:30 EST today a hell of a lot of...
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