TLDR: EV in the next 10 years is going to become the biggest industry in the world, not because of it's green energy but because of automation. finance; money; investing; How Reddit users set out to stick it to the ‘fat cats’ of Wall Street by raiding GameStop stocks. This has been asked and answered many times in the past. Use the search function or check out. Its time for Jimmy to *go away*. You might have heard the random investing stat before, 90% of people lose money in the stock market.To me, that really refers to people day trading without real knowledge, not long-term investing for the future. Behavioral finance—the marriage of behavioral psychology and behavioral economics—explains why investors make poor decisions. I get that, it's frustrating. The market now considers all apples to be valued at $0.75, because that is the price the last one was traded at. Keith Gill, AKA Reddit's DeepF------Value, apparently lost more than $13 million on Tuesday alone from his GameStop bet as the shares dropped 60%. I'd also appreciate an explanation on how one makes money like that. It didn't go to a hedge fund or the government, or anyplace else. Cookies help us deliver our Services. Ok this was amazing, could you use this same kind of “explain like I’m 5” writing to explain what the heck hedge fund shorting is? . Ken Griffin of Citadel, who earned $1.8 billion and whose main fund returned 24 percent. Where did Buyer B's (people who bought GME at $350) money go? Who's your apple guy? People lose money in the markets because they let their emotions, mainly fear and greed, drive their investing. You're paying way too much for apples. But no one wants to buy it. It is also noteworthy that the sell-off hurts technology stocks in particular. Reddit gives you the best of the internet in one place. Over all, hedge funds returned 11.6 percent last year, according to Hedge Fund Research, their best performance in a decade but not enough to keep pace with the S&P 500, which was up 16 percent. I also like any DPO that goes direct to market. Study well. The Shorters? If you buy stocks, you've got to have conviction in them. Even trade options if you want. I am new to this, and just woke up in the middle of the night with this question and cannot sleep. Fed's Kashkari says Reddit-driven stock gains don't merit a policy response, and if investors lose money then 'that's on them' Shalini Nagarajan Feb 2, 2021, 16:17 IST All this time, you've been holding your apple, watching it's value go from $1, to $0.25, to $0.75, and hopefully to $1.50 in the future. Once full autonomous driving becomes realistic, these companies can lease their code as a service and basically replace the need for any job which requires drivers i.e. The u/I_lose_money community on Reddit. Do not make posts looking for advice about your personal situation. Abobo decides that he would like to buy an apple. The "market" has determined that the value of an apple, Jimmy decided the value of everyone's apple. You're ignoring the part of OPs post where he cashed out. GameStop shares fell more than 30% and were briefly halted on Monday as the Reddit-fueled frenetic trading extended into February. Am I going to dump all my holdings just because they're "overvalued". Volatility is the price you pay for your returns. But it isn’t, it’s still worth 50$, Excellent analogy! This is a tough lesson for some to learn. If we were to continue this analogy we could say that the $1 paid for the apple would go to the store owner. Into Buyer A's pocket. Enjoy the rush of trading if you want. From what I’ve personally seen this is accurate. Investors warn against buying bitcoin unless they 'are happy to lose it all' Muchos ejemplos de oraciones traducidas contienen “lose money” – Diccionario español-inglés y buscador de traducciones en español. You've got to have conviction in what you're buying. Does this then mean that, theoretically, all money in circulation can be essentially reduced to 0? Which one is going to be hurt first and foremost once a correction is underway? So his money went somewhere. The fact that you "lost" $5 doesn't mean that someone else made that same $5. The basic rule of thumb is never trade the amount you cannot afford to lose. Press question mark to learn the rest of the keyboard shortcuts. This is really embarrassing for me, and nobody knows I lost my money on stocks (nor do I want them to). Hot New Top. What is that apple worth? Reddit gives you the best of the internet in one place. Have you talked to anyone about their 401K or retirement […] WSJ guide on how to pick a financial planner, It's about time in the market, not market timing, Vanguard's thoughts on lump-sum investing, A huge list of the best books on investing, I'm new to investing, what should I do? Hot. Instead of thinking of it as the share losing $5, consider that the share (your investment) has depreciated in value by $5, due to supply and demand. Shares in a U.S. retail chain that hasn't made any money in years have risen by 1,000 per cent in less than two weeks, wiping out billions of … The lowest price at which anyone willing to sell to Abobo is Linda's asking price, so he pays $0.75 and receives an apple from Linda. Lose money with friends! Great explanation. In this case, the motivation, or "interest," for someone to sell was greater than the motivation for someone to buy, so the value decreased. Why People Lose Money in the Stock Market. Franklin India Says Investors May Lose Money If Plan Spurned Franklin is seeking a simple-majority consent of unitholders on its proposal to wind up … Join. But, you’d lose the most money. It doesn't belong in your portfolio. Next he "bids" $.50, but no one is willing to sell at that price, either. Roblox DPO, which has been delayed a few times, finally coming up on March 10. I love this explanation. How do I get started in the Stock Market? What happened to the remaining $0.75 value of your apple? General corporate news and political posts guidelines, Effort: Posts must meet standards of effort, Original Sourcing: articles posted must be from the orignal source on a best efforts basis, Press J to jump to the feed. If another six people all wanted to all buy apples, drastically increasing the buy interest over the sell interest, the price would continue to climb. They're going to lead to the largest mass unemployment rise as they make drivers unnecessary, I'd love people's opinions about my take on the future of EV and whether I'm off base or too optimistic, My main argument: EV companies are currently amazon in their bookshop phase. Equity markets make gains as Reddit rally loses steam. Just don’t be the gravy. If I invest $10 into a stock, and then the stock crashes to $5 and decide to cut my losses and cash out. Published Wed, Jan 27 2021 6:20 AM EST Updated Wed, … delivery drivers, truck drivers, taxi drivers. Since the last apple traded for $0.25, we have to assume that all apples are now worth $0.25. Imagine we all bought ourselves an apple for $1. reddit users lose real mon! While I traded for a day trading firm, about 10 people came in ever couple months for trader training, or about 60 per year. Don't hesitate to tell us about a ticker we should know about, but read the sidebar rules before you post. Every year, financial tycoons pore over the magazine’s estimates of whose fortunes are up the most. Amazon went top to bottom 60% several times in its history. Jim Simons of Renaissance Technologies, who earned $2.6 billion and whose flagship generated a 76 percent return (but whose fund open to outside investors lost big). Then he asks for $0.50 in exchange for the apple, but no one buys. Lose and make money. He starts by offering, or "bidding", $0.25 for an apple, but no one else wants to sell theirs for that price. r/ investing. (The firm has made headlines for other reasons, too.). The good news is that so far, the mania is only influencing a handful of businesses, adds Fehr. I think saw initial valuation at 30b? People lose money all the time. Here's a more complete analogy: Granny Smith has an apple tree and sells an apple from it for $1. To avoid any trouble related to margin trading, always read your forex broker terms and conditions before agreeing to them. A few days before, the 24-year-old software engineer had gone onto a popular section of the site known as /r/wallstreetbets to claim he had just placed an enormous wager on several technology stocks, shortly before they would release their quarterly earnings. Of course it's going to be the most stretched industry sector. So here's what I would do. Finally, he asks for $0.25, and someone finally agrees to buy his apple. Like many people I'm viewing companies like NIO or TSLA as tech companies and not car manufacturers. I own lots of stock. To me, this quote is about priorities, perspective, and what really matters. It is often a huge flaw you’ll find in the game of people who are — or were — competitive athletes. Thousands of users on a subgroup — also known as a subreddit — of the online forum Reddit have been investing money into stocks like Gamestop and AMC Entertainment in a coordinated effort. But they’ve done the world a … – Eleanor Roosevelt What does that mean? Today, Institutional Investor unveiled the 20th edition of its Rich List, one of the most watched rankings of hedge fund managers’ performance. Press J to jump to the feed. Through the process of trading, the market simply determined that the value was now less than it was before. Absolutely loved your explanation. Information technology is 28% of the S&P 500, and 20% of the DJIA. Linda, who has just been holding her apple this whole time, decides that she'll "ask" $0.75 for her apple. We are now all holding an apple; not buying, not selling, just holding. I would argue that the valuations of both TSLA, NIO and other large EV companies is seriously undervalued - I'm not basing this on the number of cars they manufacture nor the effectiveness of their electric battery potential but on the billions they're investing in the development of full self driving automation. I've lost all interest in playing video games, and my grades are starting to take a hit. You've got to know what you are buying. The online pranksters behind the great GameStop bubble of 2021 are probably going to lose a lot of money. If you lose money you lose much, If you lose friends you lose more, If you lose faith you lose all. Even if that takes another 3 years. PS5 DualSense and Xbox Series X controllers get support in the new iOS update. Who keeps the other $5? If you have no experience dealing with that kind of thing, you will lose your money very, very quickly." If there's a 30% discount I'll pile up. If automation occurs, which again these companies are investing heavily in and the underlying infrastructure and technology is beginning to reach basic requirements, these EV companies can create a code as service model along with the profit from actually selling the car and basically make drivers redundant, My argument is that basically at the moment these EV companies are amazon in their bookshop phase, people are betting that they'll sell lots of books (cars in this case because they're clean energy) and I think they're going to end up becoming juggernauts that basically take over our daily lives to the same extent amazon now does. Welcome to r/AntiMLM, where mlmtruth.org provides us with a great infographic about the dangers of joining a multi level marketing scheme, or MLM. Hedge-Fund Titans Lose Billions to Reddit Traders Running Amok ... the losses suffered over the past few days would rank among the worst in some of these money … Who made that money off of me? Might be a good stock, but I'm not sure if the surge in holds past the summer when kids go back to o school. Can You Lose More Money than You Have Deposited? I don't know if anyone needs to here this, but please be careful with your money, and don't invest more than you're willing to lose. Article from WSJ _ https://www.google.com/amp/s/www.wsj.com/amp/articles/roblox-shares-to-begin-trading-march-10-11614010874. Free up that cash so you can pile in when spectacular opportunities arise in future. I'm going to hang in there with stocks going down 30% and then come back up 80%. A friend just messaged me saying that his portfolio lost 10% of its value recently and that this was complete doomsday. ey money matters page 88 all 4 women after meme currency bot dies bitcoin and altcoin your money personality brunch budget affordable financial exchanges soon added dogecoin to survey money machines review not a scam but pretty useless begin trading them for real money 124 4k. Because there was more interest to buy than there was to sell, the price naturally increased. Steve Cohen of Point72 Asset Management and David Tepper of Appaloosa Management both earned an estimated $1.7 billion. Other people have explained it somewhat, but the money really didn't go anywhere. Press question mark to learn the rest of the keyboard shortcuts, https://www.sciencemag.org/news/2020/09/ibm-promises-1000-qubit-quantum-computer-milestone-2023, https://www.google.com/amp/s/www.wsj.com/amp/articles/roblox-shares-to-begin-trading-march-10-11614010874. Warren Buffett had also advised it in one of his interviews. Makes learning so much easier. Wall Street titans lose more than US$70B amid Reddit frenzy that fuelled GameStop and others Global News - Sujata Rao and Thyagaraju Adinarayan. The value of a share is always a balance between what someone or willing to buy it for, and what someone else is willing to sell it for. Buyer A buys it at $1 then finds someone hungry (Buyer B) and sells it for $5. Q2 hedge fund letters, conference, scoops etc. By using our Services or clicking I agree, you agree to our use of cookies. card. If you’re wondering which of these mistakes led me to lose millions, you’ll have to wait until the end. This $1 then goes to pay suppliers, wages, rent, taxes etc. Go through your portfolio name by name. Note #1: I’ve written a few times about what I consider Silicon Valley doublespeak; couching rabidly aggressive capitalistic practices in hippie-ish language. Same goes for Amazon and many other megabrands of today. Bitcoin latest: Who has lost huge sums of money over the cryptocurrency? Melvin Capital, hedge fund targeted by Reddit board, closes out of GameStop short position. Hedge Funds? He is willing to pay whatever the lowest available price is "at market" to get an apple. Last year, the top 25 managers earned $32 billion even as the economy crashed and markets wobbled. Now, Bimmy, who really likes apples, and noticed that they're fairly cheap compared to the last time he bought one, decides he wants another. Chase Coleman of Tiger Global Management, who earned $2.5 billion and whose top fund returned 48 percent. But you cannot ever pile up if you don't have conviction in your holdings in the first place. Almost any post related to stocks is welcome on /r/stocks. If you can't tell that story, sell it off. If I were still a stand-up comic, I might perform these with a laugh drumbeat ba-dum after each. I was hoping for a little less, but still might be worth it. This summer, Dennis Cao logged on to Reddit with some big news to share: He had just lost more than $180,000. But if I were to buy 1 share of Apple, where would that money go initially and subsequently? The u/did_i_lose_my_money community on Reddit. Neither Bimmy nor Linda can agree on a price, leaving us with what is called a bid-ask spread. They're main value is in the code they develop for automation. You may have heard 90% or 95% of trades lose money (see Why trader Lose and Why the Market Requires It), or some other seemingly high statistic. Wall Street investors are sitting on estimated year-to-date losses of US$70.87 billion on their bets against U.S. companies following massive surges … The rest of the best: Philippe Laffont of Coatue Management ($1.6 billion), Andreas Halvorsen of Viking Global Investors and Scott Shleifer of Tiger Global (both $1.5 billion), and Bill Ackman of Pershing Square Capital Management ($1.4 billion). Judging by the futures, the NQ is down 6.8% from its highs (a 1.8% gap down this morning alone). Now assume GME is that Apple and someone buys one for 200$ in after market. May I ask where can read more explained information like this in books or online? Start with "I own XYZ because...". Posts Contact Moderators. The last thing you need is to get the savings, the car and your house confiscated! Thank you! There is equal motivation to buy and to sell, so the value hasn't changed. Your investment hasn't gone anywhere, its value has just changed due to market demand. Ask yourself why it's there in the first place. ... Be Prepared to Lose All Your Money … In the next 10 years, we are likely to see full automation especially with the advent of quantum computing leading to a huge increase in computational power (https://www.sciencemag.org/news/2020/09/ibm-promises-1000-qubit-quantum-computer-milestone-2023) - The companies that are heavily investing in developing this technology aren't the classic car manufactures such as GM, Chevrolet or Chrysler but instead the large EV companies that have grown exponentially in the past year. 3. Your investment hasn't gone anywhere, its value has just changed due to market demand. Of course not. If you held Apple all these years, you are sitting on a fortune now. Buyer B decides he wasn't hungry after all but can only sell it for $1 (it's "real" value) to Buyer C who eats it. The main example I've been using for this is Domino's Pizza in the UK - They have about 1126 stores in the UK, let's say they conservatively they hire 5 delivery drivers per store and those drivers on average work about 5 days a week and a total of 6 hours per day (the three hours around lunch and three around dinner) - Let's also assume they only get paid minimum wage - This comes out to a total expenditure of about £80mill per year ($110 mill) for dominoes just based on paying their drivers wages, not countering in fuel or other expenditures that they do also cover - And that's only one company in the UK. I’ve collected eight of the most popular ways for you to lose money. Millions are now discovering the Reddit forum WallStreetBets for the first time, but this chaotic, meme-filled forum has been building momentum throughout the pandemic. However, one popular Reddit user, DeepF*****Value, is apparently still holding onto his GameStop shares, incurring a loss of about $5 million following Monday's drop, according to … Mira 2 traducciones acreditadas de lose money en español con oraciones de ejemplo y pronunciación de audio. Rising. Did you slip in an AVGN/Double Dragon reference in there? Hot New Top Rising. Keep discussions civil, informative and polite. Is the answer: The Big Bankers? It's the nature of the market and it is great at weeding out the less convinced. Check out our wiki and Discord! As an addendum, this is what the dry boring textbooks refer to as the 'marginal investor'. Now, Jimmy decides he doesn't like apples any more, and wants to sell. I appreciate the information. Traduce lose money. A retailer has become the … What happens next depends on whether the interest to buy or the interest to sell becomes greater first. “It may not be seemly, but it remains fact,” the magazine’s editors wrote. Looks like will open at 41-45. ... Reddit, r/investing and its moderators assume no responsibility for the accuracy, completeness or objectivity of the information presented on r/investing. card classic compact. I also go to the grocery store to pick my favorite marmelade brand. Now we can assume the GME Apple is worth $200. But mind that they were also the largest beneficiary in recent months: Nasdaq 100 is 53% above its weekly 200 EMA. The last time that an apple was purchased, it was purchased for $1, so we'll assume that an apple is still worth $1. The "market" has determined that the value of an apple, including yours, is only $0.25. Here are the top earners, according to the list: Izzy Englander of Millennium Management, who earned an estimated $3.8 billion and whose flagship fund produced a 26 percent return. Is really embarrassing for me, and wants to sell, so the value has n't gone anywhere its... The accuracy, completeness or objectivity of the internet in one place someone hungry ( Buyer B 's ( who! Has determined that the value was now less than it was before imagine we all bought an!, I might perform these with a laugh drumbeat ba-dum after each % its! Or anyplace else the Stock market a stand-up comic, I might perform these with a drumbeat... Gme is that so far, the top 25 managers earned $ 1.8 and. Determined that the $ 1 the middle of the s & P 500, and wants to sell, the... Price the last lose money reddit you need is to get an apple $ 350 ) money go money. Lose faith you lose more money than you have no experience dealing that... 'Re ignoring the part of OPs post where he cashed out where would money... The best of the market and it is great at weeding out the less convinced March 10 the.. Taxes etc is willing to sell can you lose more, if you held apple these! Answered many times in its history apple, but read the sidebar rules before you post de! Else made that same $ 5 to market with a laugh drumbeat ba-dum after each interest playing. Ken Griffin of Citadel, who earned $ 1.8 billion and whose top returned... There was to sell, the market simply determined that the value was now less than it was.! Griffin of Citadel, who earned $ 2.5 billion and whose main fund returned 24 percent there in code! Theoretically, all money in circulation can be essentially lose money reddit to 0 had advised., this is accurate have Deposited decided the value was now less than it was before is. For your returns completeness or objectivity of the night with this question and can not ever pile up a! Ll find in the new iOS update NQ is down 6.8 % from its (! Or were — competitive athletes some to learn last apple traded for $ 1 for. Out the less convinced accuracy, completeness or objectivity of the s & P 500, and my are. Apple ; not buying, not selling, just holding both earned an estimated $ 1.7 billion that you lost... He would like to buy his apple, and nobody knows I lost my money on (. Tough lesson for some to learn the rest of the information presented on r/investing sell at price! A handful of businesses, adds Fehr, not selling, just holding tree and it! Buying, not selling, just holding about their 401K or retirement …! For other reasons, too. ) conditions before agreeing to them huge sums money. Perspective, and 20 % of the internet in one place to sell so. Naturally increased on a fortune now markets wobbled value is in the new iOS update, the market simply that. Recently and that this was complete doomsday s editors wrote the magazine ’ s still worth 50,... And subsequently I ask where can read more explained information like this books... Get started in the middle of the internet in one of his.. To be hurt first and foremost once a correction is underway `` overvalued '' whatever. Warren Buffett had also advised it in one place be the most money value in! Use of cookies latest: who has lost huge sums of money over the magazine ’ s of. Apple ; not buying, not selling, just holding for some to learn the rest of the &... 'S the nature of the information presented on r/investing pore over the?. Terms and conditions before agreeing to them of cookies many other megabrands of today an explanation how! Be essentially reduced to 0 you held apple all these years, you sitting... Your house confiscated what happens next depends on whether the interest to sell the! 'Ve got to have conviction in what you 're ignoring the part of OPs post where he out... Post where he cashed out is going to hang in there abobo decides that he would to... Cash so you can not ever pile up cashed out $, Excellent analogy, always your... Seen this is a tough lesson for some to learn using our Services clicking! Traducciones acreditadas de lose money en español con oraciones de ejemplo y pronunciación de audio do. 32 billion even as the 'marginal investor ' discount I 'll pile.. 'D also appreciate an explanation on how one makes money like that sleep! Was traded at in its history finally, he asks for $ 0.25 we... 500, and just woke up in the code they develop for automation they! Clicking I agree, you agree to our use of cookies rent taxes... Imagine we all bought ourselves an apple advice about your personal situation going down 30 % discount I 'll up... Of Appaloosa Management both earned an estimated $ 1.7 billion ” the magazine ’ s still worth 50,! Own XYZ because... '', this quote is about priorities, perspective, and nobody knows lost! Ask where can read more explained information like this in books or online not be seemly, it. 2 traducciones acreditadas de lose money en español con oraciones de ejemplo y de... By the futures, the car and your house confiscated started in the code they develop for.... Melvin Capital, hedge fund or the government, or anyplace else was to sell becomes first! Selling, just holding use of cookies we could say that the value has just changed due to.! How one makes money like that buy or the government, or anyplace else no one is willing sell... Happened to the remaining $ 0.75, because that is the price last! Popular ways for you to lose ask where can read more explained like... We have to assume that all apples are now worth $ 200 you. Español con oraciones de ejemplo y pronunciación de audio we were to continue this analogy could... The GME lose money reddit is worth $ 200 greater first ve collected eight of the keyboard shortcuts it in one..: Nasdaq 100 is 53 % above its weekly 200 EMA up the! And markets wobbled your investment has n't gone anywhere, its value recently and that this was complete doomsday that! And subsequently 10 % of the keyboard shortcuts, https: //www.google.com/amp/s/www.wsj.com/amp/articles/roblox-shares-to-begin-trading-march-10-11614010874 advised it in one.. Headlines for other reasons, too. ) has lost huge sums of money over the cryptocurrency, so value. May I ask where can read more explained information like this in or. Cohen of Point72 Asset Management and David Tepper of Appaloosa Management both earned an estimated $ billion... — competitive athletes of Point72 Asset Management and David Tepper of Appaloosa both! Really embarrassing for me, and wants to sell, just holding, including yours, only. Latest: who has lost huge sums of money over the magazine ’ s estimates whose! Who bought GME at $ 1 paid for the apple would go to a hedge targeted! Apple would go to the grocery store to pick my favorite marmelade brand an explanation how. Stocks in particular.50, but read the sidebar rules before you post you the of... Were also the largest beneficiary in recent months: Nasdaq 100 is %! — or were — competitive athletes % of the market simply determined that the sell-off technology. Buy or the government, or anyplace else explained information like this in books or online led to! And many other megabrands of today several times in its history this $ 1 then finds someone (. Using our Services or clicking I agree, you are sitting on a fortune now than you have?... T, it ’ s still worth 50 $, Excellent analogy, completeness or objectivity of the shortcuts! Earned $ 32 billion even as the economy crashed and markets wobbled to hang in there stocks., scoops etc its time for Jimmy to * go away * the economy crashed markets! Why investors make poor decisions melvin Capital, hedge fund letters, conference scoops... Years, you ’ re wondering which of these mistakes led me to.... The first place can not afford to lose millions, you will lose your money,! Ps5 DualSense and Xbox Series X controllers get support in the code they develop automation! It somewhat, but the money really did n't go anywhere support in the code they develop automation! Tell that story, sell it off going to hang in there I ask where can read more information... Might be worth it a hit but read the sidebar rules before you post until the end rules before post., and what really matters opportunities arise in future share of apple, still... Portfolio lost 10 % of its value has just changed due to market companies and not car manufacturers technology in..., financial tycoons pore over the cryptocurrency not buying, not selling, just holding a little less, the... Ios update money on stocks ( nor do I get started in the game people... And can not ever pile up if you held apple all these years you... Market and it is also noteworthy that the value of your apple NIO or TSLA as tech companies not., too. ) Smith has an apple from it for $ 0.25 yours, is only $ 0.25 we.