I am legit scared of the future

Sinbin said:
Educational textbooks are always more expensive, at least here in the US. I’ve bought some of the Principles books (last one I remember is Debt Cycles) for no more than $25 on Amazon. However, some professors write THEIR own textbooks for the class. You can’t find PDF versions or even cheap versions of it. You can only buy through the school.

A former professor used to be an economic researcher for the NY Fed Reserve during the financial crisis... she did research on credit scores through specific quartiles to see which range of credit score was likely to default on mortgage payments. We had to buy the research. Not from her, but through the school. I don’t know if she got a cut, but it’s weird in my opinion.

Most expensive textbook I remember seeing the price/bill for was an applied Monetary Theory and Policy book which was somewhere around $325 and the code for homework’s and study guides being $125. I didn’t buy it.

I have been talking a big game about prices like this, however, I never really spent much money. Friends and I would always pull money for 1 book and share, but the codes are a different story.

They’re not using papyrus, they’re using greed.
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Even on my Coursera classes I had to "buy" the professor's book online in order to take it for credit. If I audit, I still had to buy the book to do homework.
 
ironchef said:
Even on my Coursera classes I had to "buy" the professor's book online in order to take it for credit. If I audit, I still had to buy the book to do homework.
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Online books are the worst because they’re really hard to sell once the course is done. Most of them you can’t sell.

My favorites are the little stands that opened up on campus after finals week. You can sell your hard copy textbooks to these people. They’ll offer ~$15 for your book. People do it too because they need the money.
 
propwarrior said:
The very fact that you have written all of that makes me want to go all in long the S&P.

Nothing personal but I usually find doing the EXACT opposite of what the crowd does and thinks is the winning strategy.

Both the US & UK have gradually got more cucked since when men were men in the 1950s. I think we are reaching peak cuck but I could be wrong.

If making money is your goal then it's never been easier in the US/UK with near zero interest rates and people so far cucked and beta'd.

All mindset. Find a successful person and copy/get mentored.
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Did you do your peak "cuck" calculation in constant dollars.. If not i'm ignoring it. :D
 
_eug_ said:
The general public has been taught to buy and hold the S&P 500 as via index mutual funds and ETF's. So IMO this is what the crowd is doing right now. There has to be way more people like this then traders who buy and sell all the time.
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NFG
 
ironchef said:
More like an arm and a leg.:banghead::(

But they give my arm back to me today. :D:D:D
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What's your strategy? If I were you, I'd sell covered calls against any stocks (this is what I do against my dividend stocks now.) It's only a few cents per share per week but if we're going down, I'll take the extra yield in addition to DRIP.
 
nooby_mcnoob said:
What's your strategy? If I were you, I'd sell covered calls against any stocks (this is what I do against my dividend stocks now.) It's only a few cents per share per week but if we're going down, I'll take the extra yield in addition to DRIP.
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Back in 2013, I did hundreds. Nowadays, I do few covered calls. Why? Too many got called away.
 
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