SpaceX stock falls below its $135 IPO price to $115.26, giving short sellers $15.5 billion in paper profits as traders double down on bearish market bets.
Movies like the Big Short, Margin Call, shows like Billions, or whatever the inheritance show was, make people think they can be the ones smarter.
However, most individual investors aren’t usually of the arrogance that they’ll do better than the billionaires and hedge funds just of the arrogance they can still get more scraps than others and won’t get eaten themselves.
There’s also the individual investors who care about the morality of their investments more than the profits. Not putting money into Nazi owned companies for example. Fuck anyone with a single cent in spacex or Tesla or anything with musk’s disgusting fingerprints on it.
Movies like the Big Short, Margin Call, shows like Billions, or whatever the inheritance show was, make people think they can be the ones smarter.
However, most individual investors aren’t usually of the arrogance that they’ll do better than the billionaires and hedge funds just of the arrogance they can still get more scraps than others and won’t get eaten themselves.
There’s also the individual investors who care about the morality of their investments more than the profits. Not putting money into Nazi owned companies for example. Fuck anyone with a single cent in spacex or Tesla or anything with musk’s disgusting fingerprints on it.
I think this is a much more attainable goal. You’re not trying to do better in a numeric sense but in a moral sense.