Talking stocks, trading, and investing in general

[jbarwick]

Grantham podcast where he continues to stoke fear. Worth listening to as he makes great points but at some point the world figures it out...be optimistic Jeremy!

A Historic Market Bubble

Jeremy Grantham is the Long-Term Investment Strategist and Co-Founder at GMO. We cover the three key signs of a bubble, why Jeremy believes we are in a bubble right now and how it’s being led by retail rather than institutional investors.

joincolossus.com

 

[Piobaire]

Holy crap! GME up 46 today. WT serious F?

 

[Texasmade]

I hope that one guy from WSB hoping GME going to $70 took advantage of the run up.

 

[jbarwick]

$115 AH for GME...sheesh.

 

[Piobaire]

92 bucks at close and started the day at 45. Right now puts for Friday are going for 2.60-3.00 in the 45-46 area. Who's got the stones to do some cash secured puts for a couple days? If you sell a 45 and get 3.00 the profit for two days is....6.66%. That has to be a sign.

 

[PhilKenSebben]

A fool and his money are lucky enough to get together in the first place, and we joke about this all the time here, but this post actually makes me sad. Sometimes the "democratization" of things comes with a real cost and it tends to get paid by those who cannot afford it.

View attachment 1560528

Not saying that was a good strategy, but I hope this guys did this and then was smart enough to get the **** out now that GME is at 120

Sometimes, it is better to be lucky than good

 

[Piobaire]

Go out for a bike ride with my board all green and come back to find the market **** the bed. @Omega Male was this your paper-handed doing?

 

[brokencycle]

Go out for a bike ride with my board all green and come back to find the market **** the bed. @Omega Male was this your paper-handed doing?

@Omega Male is to beta to be a market mover.

 

[PhilKenSebben]

Go out for a bike ride with my board all green and come back to find the market **** the bed. @Omega Male was this your paper-handed doing?

This is your fault. You and your bike ride. Thanks for ruining it for everyone!!

 

[venividivicibj]

Go out for a bike ride with my board all green and come back to find the market **** the bed. @Omega Male was this your paper-handed doing?

GME still up 50%

 

[Piobaire]

Has anyone here touched GME? Not me.

 

[Omega Male]

The wealthy are borrowing billions against their art collections and lenders are reselling the debt

The move to borrow against collections creates the risk of a leveraged boom and bust in the art market.

www.cnbc.com

Frothy.

 

[Piobaire]

My friend that lost his wife to COVID last year sold his art collection in January through an auction house. Just one data point but he told me last week he obtained 2x what he went into the process wanting to get out of it.

 

[double00]

dat asset inflation

 

[brokencycle]

The wealthy are borrowing billions against their art collections and lenders are reselling the debt

The move to borrow against collections creates the risk of a leveraged boom and bust in the art market.

www.cnbc.com

Frothy.

Want to create art backed securities with me?