You're smart, that is why you are poor. Dumb people rely more on instinct, which they have refined by not reading or participating in society, which gives them an edge.
GPT is a great tool, like wikipedia is. It is a starting point, but at some point you need to read the damn articles and papers yourself, you can't just rely on GPT to accurately summarize everything.
I've used GPT to prepare mock exams for myself, but I always cross referenced with the curriculum.
I enjoy watching the ASTS haters squirm. Lol "But SpaceX is BeTtErrrr" no theyre not. They just aren't. Its actually that simple. Video. Talk. Text. Already available with ASTS, AND they done need to rely on phone manufacturers to change their chipsets to allow for the $17B spectrum purchase to be usable. Lmao ASTS 100 EOY
Never look at “what you could have made” its a fallacy because you only know that AFTER the stock made its move there was no way to know BEFORE, you have to rely solely on your conviction which was strong enough to make the trade and you were right! You had a great return and know what to look for next time, maybe even keep a little on the table to let it ride too. You also were betting your rent money so being more conservative was “smart” given how much of a degen you are
tech customers are global..with weak usd, other countries could buy more murican product like cheaper apple or microsoft product for example
rising inflation would be bad cause it could make the fed hawkish and not cut rate or even rising the rate again (doubt it tho, coz they're prioritizing unemployment now)..
rising inflation > higher bond yield > bad for tech, coz their valuation/hype rely on future earning
but the fed believe current inflation might be temporary because of tariff..based on sept fomc meeting dot plot.. we're probably gonna get 2 more rate cuts this year...next one would be this month high 99% chance, increased from high 80% because of the adp data and job revision..worse than expected
Look at the journals in 29 advising people that refraining from putting large portions of their savings into the market was a serious miscalculation of modern economics, leaving those who do not come to terms with such realities at a permanent disadvantage.
Look them up. They are odd. Basically, “the largest bull run in history” was expected to take a hit anytime after 26. It never happened. And when the market went parabolic in 28-29, more people came to terms with the fact that the market performed like an ocean liner that just got big enough to get over any wave.
The market did not return to an all time high for 20+ years after that. Investors today all rely on Buffet smiling and laughing, saying “look at the long term trend, it goes up.”
What people fail to mention about Buffet is that he gained a commanding portfolio when it was still far from certain the market would make a 70+ climb. It had just suffered a 25+ U. In other words, he bet really big on it working out the way it did, and everyone treats him like a guru.