Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Economy

Warpy

(113,544 posts)

3. I wish Reddit would come up with more successful schemes to bust the hedge funds

Reply to bucolic_frolic (Reply #2)

Fri Dec 30, 2022, 12:03 AM

Dec 2022

AI trading assumes everybody is in it to win the same things, which is why the Game Stop fiasco worked so beautifully.

I'm convinced my dad's strategy in the 40s=90s of investing for income, not growth, was sound. The income is always there, no matter what the price per share is and if the income goes, so does that particular stock.

I'm just not sure it's a good strategy in a hyper inflated market, where the price/earnings ratios are so massively out of whatck. I'm not sure what I'd do today if I were 40 years or so younger and had money to invest.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

4 replies

= new reply since forum marked as read

Highlight:

STOCK MARKET WATCH -- Friday, 30 December 2022 [View all] Tansy_Gold Dec 2022 OP

See y'all next year, Marketeers! Tansy_Gold Dec 2022 #1

Joke of a trending day bucolic_frolic Dec 2022 #2

I wish Reddit would come up with more successful schemes to bust the hedge funds Warpy Dec 2022 #3

40 years or so younger with money to invest bucolic_frolic Dec 2022 #4