Investments Trade Log

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urgud
Posts: 46
Joined: Mon Sep 25, 2023 4:59 pm

Re: Investments Trade Log

Post by urgud »

Nov. 8, 2023: Bought iShares MSCI ACWI UCITS ETF USD (Acc) @ 64.58 EUR
Jan. 5, 2024: Bought iShares MSCI ACWI UCITS ETF USD (Acc) @ 67.85 EUR
Jan. 8, 2024: Bought iShares MSCI ACWI UCITS ETF USD (Acc) @ 67.87 EUR
Feb. 1, 2024: Bought iShares MSCI ACWI UCITS ETF USD (Acc) @ 70.56 EUR
Feb. 8, 2024: Bought iShares MSCI World Small Cap UCITS ETF USD (Acc) @ 6.2926 EUR
Mar. 1, 2024: Bought iShares MSCI ACWI UCITS ETF USD (Acc) @ 73.49 EUR
Mar. 26, 2024: Bought iShares MSCI ACWI UCITS ETF USD (Acc) @75.22 EUR
Jun. 4, 2024: Bought iShares iShares MSCI ACWI UCITS ETF USD (Acc) @ 75.63 EUR

thedollar
Posts: 269
Joined: Tue Feb 21, 2017 4:07 am

Re: Investments Trade Log

Post by thedollar »

Henry wrote:
Fri Feb 09, 2024 10:13 am
As of this minute you have made $14,653.00. You can sell and live like JLF for two years.
$65,000.00 now or nearly 10 JLFs. What a ride.

thedollar
Posts: 269
Joined: Tue Feb 21, 2017 4:07 am

Re: Investments Trade Log

Post by thedollar »

What are the opportunities in this market? A lot of extreme valuations. I'm certainly not buying NVIDIA at these prices (though I'm holding).

META & GOOG comes to mind. They have below 25 forward P/E and strong growth and profitability AND just started paying out dividends. So the downside risk would be low (compared to NVIDIA or Tesla P/Es of 50-100) but the upside pretty good.

Henry
Posts: 600
Joined: Sat Dec 10, 2022 1:32 pm

Re: Investments Trade Log

Post by Henry »

TSLA up 43% in 10 days. Bill Gross calling it the newest GameStop. Cathie Wood calling it the ultimate AI play. What company in history has this breadth of opinion. Listen to some, in 10 years there will be mass produced $20K humanoid robots that can wipe your Nana's asshole in the back of her autonomous cyber truck with a chip in her brain thinking she's in a The Red Lobster in Peoria when's she actually lying in a shallow grave on Mars. Other's think it's an overpriced car.

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giskard
Posts: 359
Joined: Sat Apr 30, 2016 12:07 pm

Re: Investments Trade Log

Post by giskard »

Henry wrote:
Wed Jul 10, 2024 7:29 am
TSLA up 43% in 10 days. Bill Gross calling it the newest GameStop. Cathie Wood calling it the ultimate AI play. What company in history has this breadth of opinion. Listen to some, in 10 years there will be mass produced $20K humanoid robots that can wipe your Nana's asshole in the back of her autonomous cyber truck with a chip in her brain thinking she's in a The Red Lobster in Peoria when's she actually lying in a shallow grave on Mars. Other's think it's an overpriced car.
The question is why would you NOT want to buy the hottest memestock? A new study came out saying gen-Z is MAXXING OUT their 401ks. You think they are buying AT&T or Procter and Gamble stock?

Absolutely not. Tesla could produce nothing at all and Elon Musk could pump it to the stratosphere.

But even better he made an absolutely REDICULOUS BULLET PROOF TRUCK. If you were a rapper wouldnt you buy one? Think about it.

Image

What is Lil Baby holding in that photo?

Bricks of cash.

Memetic programming at its finest. Rene Girard would be crying with joy.

Henry
Posts: 600
Joined: Sat Dec 10, 2022 1:32 pm

Re: Investments Trade Log

Post by Henry »

Rene Girard wept over his philosophy like a young mother over a baby casket. But that's a whole other story.

That Lil Baby photo might help sell TSLA stock but it's not helping sell TSlA vehicles. That's the problem with the trucks, it's not increasing TSLA customer base. It's TSLA owners trading up or deciding for the truck against the car.

And memes are good to enhance social media posts but not as way to improve investments profits.

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Seppia
Posts: 2038
Joined: Tue Aug 30, 2016 9:34 am
Location: South Florida

Re: Investments Trade Log

Post by Seppia »

The Tesla implosion is a matter of when, not if*, but I would never trade against it.
It’s one of those things like bitcoin or gold or cyber monkey pics, there’s few logical reasons why they should be worth as much as they are/were. It’s a manifestation of a certain animal spirit

Still, I’d tend to have more faith in the thing that has been worth a lot for the longest time, purely due to probabilistic reasons.

I’m more confident that gold is going to be worth something not too dissimilar to what is worth today thank say “zombie monkey barfing NFT sells for $2,328,700”

*I should note that I have been (incorrectly) predicting Teslas demise for a while now, but in fairness
- I’ve always said I’d not trade against it for its cult status
- the stock is worth significantly less than its peak in 2021 and all business fundamentals look like those of a meh automaker, whose stocks are worth a fraction

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giskard
Posts: 359
Joined: Sat Apr 30, 2016 12:07 pm

Re: Investments Trade Log

Post by giskard »

Henry wrote:
Wed Jul 10, 2024 12:19 pm
That Lil Baby photo might help sell TSLA stock but it's not helping sell TSLA vehicles.
You keep saying stuff about "selling vehicles" and "profits", we are talking past each other on this stock.

Henry
Posts: 600
Joined: Sat Dec 10, 2022 1:32 pm

Re: Investments Trade Log

Post by Henry »

giskard wrote:
Wed Jul 10, 2024 9:18 pm
You keep saying stuff about "selling vehicles" and "profits", we are talking past each other on this stock.
A picture of a rap star sitting on the roof of a TSLA cyber truck will have a mimetic effect on those people who want to be a rap star sitting on the roof a TSLA cyber truck flashing wads of cash. It will also have a mimetic effect on those people who don't want to own a car that is owned by a rap star sitting on the roof of a TSLA cyber truck flashing wads of cash. The mimetic effect of people who want to own the stock because other people own the stock is a different mimesis which includes it's corollary, the people who don't want to own the stock because other people own the stock. There is also the mimetic effect of the short sellers betting against TSLA's success. There is also the mimesis of those who hate Elon versus the mimesis of those who love Elon. Mimetic theory can be used as a basis for purchasing a TSLA as well as not purchasing a TSLA. Mimetic theory can be used as a basis for purchasing TSLA stock or not purchasing TSLA stock. I think the extreme volatility in the stock, the car and as well as views towards Elon Musk evidences the competing mimetic effects. So to cast mimetic theory over TSLA as a guarantee of financial success does not give full orb to the complexity of Girard's theory.

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giskard
Posts: 359
Joined: Sat Apr 30, 2016 12:07 pm

Re: Investments Trade Log

Post by giskard »

Henry wrote:
Thu Jul 11, 2024 4:51 am
A picture of a rap star sitting on the roof of a TSLA cyber truck will have a mimetic effect on those people who want to be a rap star sitting on the roof a TSLA cyber truck flashing wads of cash. It will also have a mimetic effect on those people who don't want to own a car that is owned by a rap star sitting on the roof of a TSLA cyber truck flashing wads of cash. The mimetic effect of people who want to own the stock because other people own the stock is a different mimesis which includes it's corollary, the people who don't want to own the stock because other people own the stock. There is also the mimetic effect of the short sellers betting against TSLA's success. There is also the mimesis of those who hate Elon versus the mimesis of those who love Elon. Mimetic theory can be used as a basis for purchasing a TSLA as well as not purchasing a TSLA. Mimetic theory can be used as a basis for purchasing TSLA stock or not purchasing TSLA stock. I think the extreme volatility in the stock, the car and as well as views towards Elon Musk evidences the competing mimetic effects. So to cast mimetic theory over TSLA as a guarantee of financial success does not give full orb to the complexity of Girard's theory.
Not wrong but let's tally them up:

On the pro side you have:
- physical objects of desire produced and put in front of people in the real world
- social media domination by influencers promoting tesla
- the richest man in the world who owns his own major social media site and viciously attacks short sellers

On the negative side you have:
- bears posting scary blog posts & short reports

Henry
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Joined: Sat Dec 10, 2022 1:32 pm

Re: Investments Trade Log

Post by Henry »

Girard's philosophy is based on the paradoxical nature of mediated desire: we at once want to belong and we at once want to distinguish ourselves from others. Not even addressing the dubiousness of what you classify as "pros", it appears that you think the former will/can trump the latter. That's in direct contradiction with the theory. It's not a weight based system. It's an imitative system.

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