• finitebanjo@lemmy.world
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    5 months ago

    No, it wouldn’t. 2k would have been. Buying at the all time peak is ALWAY a stupid buy, idc if it does take off after.

    Like playing the slot machines hoping for a jackpot.

    • UnderpantsWeevil@lemmy.world
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      5 months ago

      Buying at the all time peak is ALWAY a stupid buy

      If you bought NVIDIA at $43/share on September 1, 2023 you were an absolute dipshit.

      If you bought Palantir at $35/share on January 29, 2021 you were a total moron.

      Meanwhile, Bear Stearns at $60 in March of 2008? A fucking steal. Buy! Buy! Buy!

      Like playing the slot machines hoping for a jackpot.

      I always read the prospectus on a slot machine before I put money in. Strangely enough the p/e on these things is amazing, but I never make any money on my trades.