what is ur philosophical quote in regards to investing?

tomorton said:
Investing is just a flattering name that stock salesmen give to gambling.
- Tom Orton, 2018
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Well... if you're a bad investor/trader, yeah. :)

However... in gambling, you're supposed to lose while hoping to get lucky and prevail in spite of the odds being against you.

Investing/Trading... you're supposed to win. The deck is stacked in your favor. You lose only if you're bad at it.
 
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For Investing (this one for silliness.. and I had just watched Life of Brian again recently):
"Compute one penny invested at the time of Christ, compounded at 3 percent per year. Then consider why nobody has anywhere near that amount these days."

For trading (but still applies to investing):
"Win or lose, everybody gets what they want out of the market. Some people seem to like to lose, so they win by losing money... if people look deeply enough into their trading patterns, they find that... they really are getting what they want, even though they may not understand it or want to admit it"

Both by good ol' Ed Seykota.

Some people over complicate things. Perhaps it's excitement they seek. Maybe they like to create complex puzzles to solve.
Or simplicity would be an insult to their paper IQ (as opposed to their realized IQ)
 
Create diversified income streams so you get paid even when shit hits the fan (for the most part). Investing for capital appreciation is pure luck and you're better off with an index so you can spend time fucking bitches.
 
FibonacciNinja said:
"Win or lose, everybody gets what they want out of the market
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Don't believe crap like this. Whoever coined it is an IDIOT!

More appropriately... "Win or lose, everybody gets what they deserve out of the market".
 
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nooby_mcnoob said:
I know I'm wrong on the first, but it's a good approximation so you don't waste your time unless you truly enjoy it. I prefer income streams and sex.
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Not a matter of "wasting time"... no need to be a day trader, glued to the screen.

You could be a great investor if you knew how and sacrificed "10 minutes/day" of your sexual pursuit* time.

*BTW... there are about 20 STDs out there, and it's said that 25% of population have at least one of them at all times. How are you avoiding all of that?
 
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Scataphagos said:
Well... if you're a bad investor/trader, yeah. :)

However... in gambling, you're supposed to lose while hoping to get lucky and prevail in spite of the odds being against you.

Investing/Trading... you're supposed to win. The deck is stacked in your favor. You lose only if you're bad at it.
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If you can’t gaurantee the outcome of the risk taken then it’s gambling. This doesn’t mean you can’t make money but it’s still gambling.
 
Scataphagos said:
You could be a great investor if you knew how and sacrificed "10 minutes/day" of your sexual pursuit* time.

*BTW... there are about 20 STDs out there, and it's said that 25% of population have at least one of them at all times. How are you avoiding all of that?
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I already am a decent investor. 100% of my expenses are paid by income streams that I manage on a monthly basis.

I avoid STDs by being very picky. I can be a ho, but she can't.
 
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