Path: csiph.com!weretis.net!feeder8.news.weretis.net!reader5.news.weretis.net!news.solani.org!.POSTED!not-for-mail From: Physfitfreak Newsgroups: comp.os.linux.advocacy,sci.physics.relativity,sci.physics Subject: Re: Money Money :-) Date: Fri, 28 Feb 2025 17:51:14 -0600 Organization: Modern Human Message-ID: References: MIME-Version: 1.0 Content-Type: text/plain; charset=UTF-8; format=flowed Content-Transfer-Encoding: 8bit Injection-Date: Fri, 28 Feb 2025 23:51:14 -0000 (UTC) Injection-Info: solani.org; logging-data="942567"; mail-complaints-to="abuse@news.solani.org" User-Agent: Mozilla Thunderbird Cancel-Lock: sha1:QG/JkJ7Mk7NacN0QvdzyQWmo4Hg= In-Reply-To: X-User-ID: eJwFwQEBwDAIAzBLo5QyOwyOfwlPwmXqpEKMjQVfa+o0aYWL6nTg5ho7e6jLJHC23gm4ytBj8K35pJgfQKUVDw== Content-Language: en-US, fa-IR Xref: csiph.com comp.os.linux.advocacy:686826 sci.physics.relativity:661573 sci.physics:891588 On 2/28/25 1:44 PM, -hh wrote: > On 2/28/25 13:01, Physfitfreak wrote: >> On 2/28/25 4:55 AM, -hh wrote: >>> On 2/28/25 01:31, Physfitfreak wrote: >>>> >>>> >>>> >>>> Nymshifter? I've never been nymshifter in my life. When I change >>>> alias, it is because I really have changed.  So depending on what my >>>> main type of activity has been, every few years my alias also >>>> changed accordingly. >>> >>> "alias" = "PotAto, PoTaTo". >>> >>> >>>> And I've never had more than one alias at the same time. >>> >>> AFAIC, even an annual change is too rapid to be bothered with. >>> >>> >>>> You're underestimating what an individual can do by himself in the >>>> world of stocks and cryptos. >>> >>> No, I'm merely recognizing that the difference in effort to decrease >>> the gambling risk is quite nonlinear; with the ROI being unfavorable, >>> I choose to not play that game. >>> >>>> Also, you have a ton of money in your mind when you think and speak >>>> of it, large enough to make you really concerned.  So I understand >>>> why you leave it to experts to handle such sums. >>> >>> I think you've misunderstood what I was saying with the experts: >>> their performance track records aren't any better than passive, and >>> since they cost more, they have an inferior ROI.  This is why ~half >>> the individual investor market today has changed from active to passive. >>> >>>> My world of trading is a microcosm of what experts are doing. It is >>>> a baby game compared to those who play with hundreds of thousands of >>>> dollars and higher. >>> >>> The raw dollars largely doesn't matter; it is if you're achieving >>> one's goals or not - along with the insight of how much work is it >>> taking you, to see if its worth the effort.  If its gambling for >>> entertainment, that's fine so long as entertainment is your goal and >>> you're willing to pay for it at up to the "100% loss" level. >>> >>>> Also, presence of experts in the field, or volume of their >>>> activities doesn't mean that they are necessarily competing with >>>> you. They can't play god, they can't control you down to your baby >>>> game if you know what you're doing. There are ample opportunities >>>> for an individual to make a few extra thousand dollars a year >>>> without even be felt by the big guys. >>> >>> You'd be surprised.  I think I've mentioned a friend who's tinkered >>> with a momentum-based decision tool; their conclusion is that roughly >>> ~1/3rd of a price is from manipulation. >>> >>>> This isn't about suddenly making a ton of money, which can happen >>>> but one cannot rely on such strategies. It is about steadily making >>>> a little sum of money for "silly" expenses as I described. >>>> Especially during retirement. >>> >>> That can also depend on what sum is required for "silly", along with >>> what one's risk tolerance is for gambling.  Buying a lottery ticket >>> can have just as much upside potential, but at a lower level of >>> effort.  Or to have sufficient margin such that 'silly' expenses are >>> noise. >>> >>> >>>> Try it if you like. Make a Robinhood account and put, say, $5k in it >>>> and try to turn it into $10k in one year. You'll have a lot of fun >>>> ahead of you :) >>> Oh, I dabble in my 'gambling' set-aside.  Had a 100% loss a few years >>> ago on one pick, but well enough on a few others.  Current >>> speculation is up roughly +300% in less than a year.  But point is >>> that I know that its dabbling, and not necessary for my well-being or >>> happiness. >>> >>> >>> -hh >> >> >> Hmm.. I don't know what you exactly mean by, "alias" = "PotAto, PoTaTo". > > > Ah, sorry:  its a colloquialism: > > > > Its noting that on "nymshifting" vs "alias", you're trying to claim a > distinction without any effective difference.  See: > > > > >> Did someone with alias "PotAto" pretended to be Physfitfreak? If so, >> you've been victim of immature pranksters like "DFS" or that "Sausage >> up wrestlers' ass" guy or Relf. Any "engineer" type bozo included. So >> many of them morons tucked inside COLA. > > n/a > > >> The aliases I use aren't even true aliases. They are _descriptions_ of >> me. And they have changed every 5 or 6 years, cause it takes that long >> for me (and other Modern Humans) to essentially become someone else. >> >> When I was deep into studying biology, I was "biofreak" here. When I >> was deeply into the world of Excel, I was "Excelfreak" here. etc and etc. > > Doesn't matter AFAIC: I'm merely seeing "not the same name" so I don't > assume that it is still the same individual posting.  Since the most > common abusers of nymshifting are luzer trolls not worthy of attention > or care, its where that behavior mostly gets binned. > >> Are you DRUNK when you reply to my posts? Why do I have to repeat >> myself every time we communicate? (I know why - this is not a question >> I need an answer for) > > Because the real answer is something you don't like /s > >> This "gambling" thing... Ok. Education time. I think prudent stock and >> crypto trading is not gambling. I think long term investments in such >> fields are more like gambling! Hehe :) I'm not kidding. > > That's your opinion and you're entitled to it.  Personally, I'm not > convinced that crypto is any more of an intrinsic value asset than a > tulip bulb.  See: > > > > >> Yes, it's not like real estate. Far less can happen negatively to a >> piece of land than to your long term investments. In USA of course >> long term investments are safer than in other countries. This system >> here is located too far (geographically) from what's going on in the >> world. >> >> Gambling is like crossing the street with your eyes closed and ears >> plugged. You'd do it either fast or slowly. That's as much control >> there is that you can have. A Russian roulette. >> >> But trading of stocks and crypto by yourself is like crossing the >> street the way people who manage it all their lives do. Yes, some >> morons get killed by crossing the street but that doesn't mean you >> cannot cross the street safely all by yourself. > > And of course for this analogy, there's many ways to cross a street > other than under the supervision of a crossing guard, which in analogy > form would relate to varying levels of care vs carelessness...both of > the individuals and of the crossing guard (because using a guard is no > guarantee of never getting hit & killed by a car). > >> Can I conclude, then, that you're chicken? :) > > Nah, just better informed & less reckless than I was in the past. > > > -hh > > But still a chicken. If you are better informed now then you'd be trading, but more carefully. But you packed and left the whole thing to others to manage. You don't trust yourself. I do :)