Reminds me of /biz/...https://www.noemamag.com/this-is-not-financial-advice/Scroll through r/wallstreetbets or any of its descendants today, and you encounter a distinctive genre of posts: the “DD,” or “due diligence,” post. These are often long, confident analyses, dense with charts, annotated screenshots, technical terms and fragments from corporate filings. Increasingly, they are little more than AI slop. They resemble institutional research reports in form, providing the feeling of proximity to professional expertise, but the content often amounts to little more than extreme confirmation bias in disguise. The DD that travels best tends to be bullish (in financial terms, bulls hold a positive outlook, while bears are negative), telling the crowd what they want to hear, that a target price an order of magnitude higher is inevitable and that those who sell will regret it forever.What emerges is a form of folk finance, an internally coherent body of belief and practice that runs parallel to professional investment research while only occasionally intersecting with it. It has its own concepts, vocabulary and prophecy structure. There is a strong resemblance to religious tradition, complete with sacred texts in the form of canonical DD posts and screenshots, rituals, slogans and daily reaffirmations of belief.
>>62720598This started a decade ago, did the mainstream just find out?
>>62720598Yeah I first ran into "DD" about 3 years ago in the BBBYQ threadsIt made me laugh but you know that thing P.T. Barnum probably never said
>>62720598https://youtu.be/C5Bd6YxifCo?si=fN8eh9gPtPKSNs8e
Ive been studying /pmg/ and to a lesser extent /gme/ /bbbybbq+/ for quite awhile and its like a religious cult for depressed losers they get extremely angry if you challenge their religion and theres also a social aspect since they have no friends irl. They are furious that people are allowed to disagree about their "investment " because of course silver or a delisted stock is magically going to $5000 you must be paid by the joos to suggest otherwise >There is a strong resemblance to religious tradition, complete with sacred texts in the form of canonical DD posts and screenshots, rituals, slogans and daily reaffirmations of belief.
>>62720598Xrp army... absolutely insufferable
DON'T FORGET TO PROTECT YOUR PP AND HAVE A PROSPEROUS. . . DAY
>>62720807At least in /pmg/'s defense, their general gets shitted up frequently and most criticism feels like malicious trolling at this point. I can't blame them to react hostile by now.
