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Jeff's magic money machine (midwest.social)

submitted 11 months ago by [email protected] to c/[email protected]

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[-] [email protected] 15 points 11 months ago

I'll buy $100m worth of stocks from all the public companies every month.

[-] [email protected] 6 points 11 months ago

Genie: Listen here you little shit

[-] [email protected] 4 points 11 months ago

For a genie it may sound like gambling.

[-] [email protected] 4 points 11 months ago* (last edited 11 months ago)

I call it investing if I can reason the reaons for specific stocks.

[-] [email protected] 4 points 11 months ago

genie just doesn’t know how to read fundamentals

[-] [email protected] 2 points 11 months ago

I'm just not sure if making an ancient wishmaster aware of stock trading is a good idea.

[-] [email protected] 4 points 11 months ago

Stocks are liquid enough that the genie may not consider it "spending". You could easily buy it, and then just as easily dump it. The move is also big enough that you'll single handedly move the market in the process.

[-] [email protected] 1 points 11 months ago

No gambling

[-] [email protected] 1 points 11 months ago

I still "bought" the stocks besides almost everything we buy is a gamble anyways.

this post was submitted on 24 Jul 2024

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