AllistonGT
Well-known member
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Stocks
- Thread starter Boots
- Start date
I did that for partial differential equations. Tried to learn it properly but realized that my brain and that subject did not get along. It was easier to memorize each type of question and all of the steps to get to the answer. Spray that onto the page and get perfect even though I had no bleeping idea what was going on. Two days later, I probably couldnt even spray out the answer anymore.
Here's another perspective:
A student good at taking exams either knows the subject material extremely well or how to game the system. In either case, they are smart. What is work besides a bunch a systems to be gamed for the benefit of the individual and company? For example, stocks is simply real life player versus player combat. Your initial stockpile of resources (money) needs to be ready to time against other dumb players (sorry, removing empathy from this) so you can take their money.
A common scenario I've noticed is when a company hires a super smart graduate and tries to micromanage them but management can't keep up with output of these types. Many companies I've worked at have a flat structure to deal with this but the ones that are old school, expecting their employees to turn off critical thinking and to blindly follow orders result in much tension (and people quitting.) This is also why many dev shops have "exploration" teams where they're sent, without hand holding, to prototype something based on barely any requirements.
Literal gaming the system example right here lol
Wow…I’m more interested what’s IN those accounts for that type of return.I buy and hold the vast majority of the time. Very rarely buy excessively risky securities. wtf. The returns exceed what is reasonable for parking money and doing nothing. These are pulled from 2020 year end. Contents of the accounts are mutually exclusive except for an index in RESP that contains some securities in the RRSP.
Unregistered
RESP
RRSP
AAPL,c,dis,eslt,mfc.to,ms,reco,ry,xqq,
Past returns are not a guarantee of future success, etc, etc.
All of this is true to some extent, but some students just have photographic memories and cram and recall. That’s a party trick, not intelligence. Ask them to extrapolate an idea and they are hopelessly stuck. Unfortunately guess what high school really trains high school students to do, whether the teachers intend to do so or not?
For me a true test of intelligence is giving a student a question they haven’t seen before, on a topic they haven’t seen before and seeing if they can work out an answer from first principles. Only students who have studied the material properly can do that.
Talked to my buddy today…he put in $750 into SHIBA last year. With yesterdays run up that $750 is now worth 40k.
Interesting. I would be converting some back to usable money. I am still not convinced about crypto liquidity (especially after a huge run up).
Just hit 50k….
Sell it through the brokerage out of you wallet and take the money to put into your bank account.
I know the mechanism, I'm still not convinced that if I try to execute that program that it completes in a reasonable time (minutes or less). With something so volatile, having to wait to execute a trade could cost a fortune.
He was telling me to join in the fun and I was too scared to buy in. Hindsight is 20-20.
Next time it tanks (and it will) I’m dropping $500 in just for kicks.
Probably a better ROI than 500 in lottery tickets.
Just sell and get out when you've hit your threshold imo.
We have one buddy at work thats sitting on $75k worth of crypto...he started with Bitcoin waayyyy back when everyone thought it was a joke (think he investes $100 cause I rmb everyone's mouth dropping at the ROR.)
We keep telling him to sell and downpay a house but he wants to play chicken lol
Well you’re right. He used Binance originally and they close up shop in ontario. Apparently other exchanges haven’t met the regulations and we’re shut down. So he moved to a diff exchange…Metamask or something.
I got REALLY lucky on that one. Bought 300 shares at around 11 AM that day, after reading about it, then checked up on it at 3:45 PM and almost dropped my phone. I sold and made 7.5 K in 4 hours.
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