>>62186724
>dissociate at work
>DCA into index funds every pay day
>rant about niggers and jews in my free time
it's literally that simple.

>>62186724
what is that guy holding?

>>62186742
VOO and bonds.

>>62186724
But what if I like a company and I know they'll be the first and best to solve a current world issue?

Why are there so many fud threads constantly when I know for a fact if I stopped following retard advice like in the OP and just bought SNDK when it was shilled to me in September I'd be up 600k

>>62186866
On what basis do you know this? Either everyone knows this, in which case you derive benefit from this information, because it is already priced into the stock, or only you know this, in which case you claim to be smarter than the collective knowledge of all self-interested investors. Either you're saying a nullity, or you're delusionally overconfident.

>>62186889
Ok retard, tell me what the next sandisk is, and tell me why you know this while nobody else knows, so it's not priced in. Looking back, it's easy to pick the winners, but my point is that it's impossible to pick winners in advance. The fact that you didn't buy sandisk proves this.

>>62186899
ah see there's that faggot logic
>OH YEAH WELL IF THE SKY WAS BLUE, WHY IS IT RED IN THE EVENING?
No faggot retard, you only need to be right ONCE to have the right stock picked. Faggots like you are the most cancerous posters because you fud people out of the winners because you're a seething little bitch about being so fucking priced out you'll never in a million years make it.

Dump all your cash into VOO and shut the fuck up, stop coming to /biz/ if you have no intention of /making it/. ANd you are definitely NGMI.

>>62186895
Tech-savy people were the first into the DRAM pump btw, investors and others came later.
If you understand the business you'll be first so yes you definitely can outperform as long as you stop pretending TA matters and buy fundamentals you understand.

>negative expected return
>actually, you just can't beat the market
>actually, you just can't beat the market for 60 years straight
i think 59 might be just enough for me boss

>>62186913
>You only need to win the lottery once
On what basis do you claim that you can successfully do stock picking even once? How many times have you failed, and how many times have you succeded genius? And even if you have succeeded at least once, you claim that all the other retards on this board can do it as well?

>>62186916
Your point?

>>62186915
>>62186915

The first guy is not wrong. From my experience, you can spot the next big thing if you work in the industry.

I was able to get in many good chips stocks last year. Same for META in 2022 at the very bottom.

I was also able to get in silver at the very right time, moslty due to >100 GSR, and opinion of some well informed people irl.

Now, I don't have any picks, so I am keeping some cash, and put some in indices.

I have a well balanced portfolio, and returns over 100%.

Earlier, I used to believe in this propoganda, and lost lot of possible gains.

Just buy bitcoin and do nothing, and beat both

>>62186915
>>62186945
You can do it, but the question is whether you can do it consistently over time, and whether you choices have higher risk-adjusted returns. Very few people can do it consistently, like Warren Buffet, precisely by focusing on things he understands. If you're saying you can do it consistently, you're saying you have the same skill as Warren Buffet, which is most likely not true. If you can't do it consistently, then you're still better off with index funds.
To prove your point, you should tell me what the next sandisk/silver/dram will be. Since you should be able to do stock picking reliably.

>>62187009
>whether you can do it consistently over time
You don't need to though. You only need to do it once.
>>62186895
You'd be surprised at how many people that "know" things don't bother acting on it. Apple and Microsoft should have 100,000x'ed in the early 80's and flatlined ever since, because it was absolutely fucking obvious to the most casual of observers that at least one of them - and possibly both - were going to "win" the computer race. Yet most people saw this and decided to buy a timeshare or a boat or another pickup truck instead of taking the obvious and easy route to becoming a multimillionaire. Same thing with Tesla in the early teens, it was obvious that they solved the range problem, solved the charging speed problem, and had also found a way (performance) to attract normies who had no interest in suffering for the eco-delusions of others into buying electric cars, yet most people just sat there with their thumb up their asses watching it happen.

>Index fund stalls out and goes nowhere for 13+ years
Yeah, I just don't have that sort of timeline to wait around for my Real Life to begin

>>62187009

I already told you, right now I don't have a solid one.

I am not stupid to just keep investing all the time, I prefer to wait for the right opportunity and be ready with a bunch of cash.

I don't want to share my personal info, but I have made around 10 investments based on my own analysis till date.

Around 5 have multiplied multiple time, another 3-4 have returns of ~50%, and one is down to half.

I also have mentioned this already, but I do have a balanced portfolio including indices & bank deposits, but I am saying my personal picks have performed way better.

Earlier I tried some personal picks of industries which I am not familiar with, and they didn't go well.

I have shared my personal experience, rest is upto you.

But it's more fun

Your wealth doesn't matter post-scarcity

>>62187333

I am not shilling you anything, and don't have a personal angle to this.

We all are on 4chan, so more or less anti-social, and we should at least use our powers to pick correct investments contrary to the prevailing opinion. This is the edge we have over normies.

>>62187333
Great job, I hope your expertise is real, and I wish for your success to continue

>>62187239
Go to the casino then, and put it all on black

>>62187388

Thank you anon. Hope we all make it, and break free of the wagie cage.

Although, I think I am comfortable making risky trades since I have a safety cushion from my grandpa. I might have not felt comfortable otherwise.

>>62187393
Faggot stfu and go to bogleheads reddit forum. everyone here who invests in individual stocks also has a pile in spy and other index funds. you clearly want to have your safe choices reaffirmed by hearing the rest of us agree that 7% a year is fine. some of us have more than enough invested to take on additional risk. also good luck taking a loan against your index funds, you need equities. call your broker now and ask him how much you could get against your 10k swppx versus 10k in brk-b.

>>62186742
his throbbing cock