Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Sun Tzu who wrote (76455)	2/4/2023 7:09:07 PM
From: Real Man	4 Recommendations Recommended By ajtj99 Clam digger Lee Lichterman III towerdog Read Replies (1) \| Respond to of 97654

There are many great ways to make money in the market, I think Lee’s point was “investing” vs “trading”. For example, during the Great Financial crisis I noticed that companies that announced bankruptcy often bounced 600-700% in a matter of one trading week on short covering. Going long this trash isn’t an investment and one definitely needs to not overstay the welcome, because the stock will be worth zero, but it makes good money fast. Ditto the biggest successful HF, renaissance tech HF. None of that is “ investing”, the only thing they truly invest in is their model, and their employees who were invested got very rich. Other pros get rich by charging the 2s and the 20s for having OPM and a mediocre performance, but not losing money. I’d say the latter group comprises most WS hedge funds. Low performance and low drawdowns.