this post was submitted on 24 Jul 2025
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Lemmy Shitpost

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[–] RichardDegenne@lemmy.zip 11 points 2 days ago (13 children)

If it were 10k it would have been a genius buy though!

[–] finitebanjo@lemmy.world 5 points 2 days ago (12 children)

No, it wouldn't. 2k would have been. Buying at the all time peak is ALWAY a stupid buy, idc if it does take off after.

Like playing the slot machines hoping for a jackpot.

[–] UnderpantsWeevil@lemmy.world 10 points 2 days ago* (last edited 2 days ago) (9 children)

Buying at the all time peak is ALWAY a stupid buy

If you bought NVIDIA at $43/share on September 1, 2023 you were an absolute dipshit.

If you bought Palantir at $35/share on January 29, 2021 you were a total moron.

Meanwhile, Bear Stearns at $60 in March of 2008? A fucking steal. Buy! Buy! Buy!

Like playing the slot machines hoping for a jackpot.

I always read the prospectus on a slot machine before I put money in. Strangely enough the p/e on these things is amazing, but I never make any money on my trades.

[–] finitebanjo@lemmy.world -4 points 2 days ago (1 children)

Lmao, no surprise to see you defend actual slot machines.

[–] JackbyDev@programming.dev 2 points 2 days ago (1 children)

I'm fairly certain that was meant as sarcasm.

[–] finitebanjo@lemmy.world -3 points 2 days ago (1 children)

Poe's Law. If people like them didn't really exist then casinos wouldn't be profitable.

[–] JackbyDev@programming.dev 1 points 2 days ago (1 children)

Please show me the prospectus that slot machines have. Using a term associated with legitimate investing is why it's humorous.

[–] finitebanjo@lemmy.world 1 points 2 days ago (1 children)

If they were sarcastic they should amend with the /s

You dont get to be treated respectfully when spewing stupid bullshit because the whole world is filled with stupid bullshit and you're adding fuel to the fire.

[–] JackbyDev@programming.dev 1 points 2 days ago

I don't think someone saying they check the prospectus of a slot machine is spreading stupid bullshit, they're making a joke. It's okay if you didn't get it. There's no reason to be defensive or get upset.

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