whboer
whboer t1_iyd8mey wrote
Reply to comment by Fat_Pig_Reporting in Michael Burry by Jackd2thaTits
That Is assuming you know what to do with said information. Fund managers have this info, yet the average fund manager underperforms SPY on a consistent decade long period, and those folks have been taught to actually understand business fundamentals and valuation. I’ve seen degens here gamble away 1m+ in SPY calls, to the point that I’m wondering how these folks were ever in the position to have such vast capital- and how unfair it is, knowing so many intelligent, well-intended and talented people who grew up poor and will require their entire lives to break out of it and put their genes into a better class within society just to give their future generations a chance at freedom.
whboer t1_iycl12k wrote
Reply to comment by barneyaa in Michael Burry by Jackd2thaTits
24k over 1 m would still mean handing over 2.4% of total capital per year just to have more info
whboer t1_jdruxge wrote
Reply to comment by Lower_Ambition4341 in Ya like DB rumors? by dnr41418
Bratwursts are like the railroads. You can bet on any new fancy cool thing to replace them, but 30 years later you’ll find that their cagr has by far outpaced the broader market.