🧵 STONK MARKET SCIENCE
Anonymous at Sat, 25 May 2024 21:48:46 UTC No. 16193165
Why do they pay mathematicians 300k starting to predict stonks if it's totally random and nobody ever has actually made money from stonks except from historical retvrn?
I mean algorithmic trading is a meme
crypto is a meme
stocks are memes
Casinos are literally rigged so that you always lose, they're literally designed that way otherwise they would never be profitable and they literally kick you out if you're a winner.
Anonymous at Sat, 25 May 2024 22:12:55 UTC No. 16193212
>>16193165
It's called a scheme. Do (you) believe they'd attract investors explaining they either hired a guy who dropped out of HS and pay him minimum wage or employ random number generators ?
Anonymous at Sat, 25 May 2024 22:13:30 UTC No. 16193216
>>16193212
probably if they proved that guy sells good stocks
Anonymous at Sun, 26 May 2024 00:11:29 UTC No. 16193366
>>16193165
>it's totally random and nobody ever has actually made money from stonks except from historical retvrn
Indeed, that's not always true.
>>16193212
This is also a big factor. Survivorship bias.
Sometimes a firm will find a way to make money. Then again maybe they just got lucky. Or their method will work for a while then it will fail. It's almost impossible to know for certain. You CAN beat the market if you have the right method or the right ideas, or if you're just lucky. It's hard to tell to what extent it was luck, if you do succeed. Then there's insider trading, which is extremely common.