@ilar0x There are two right answers to this game, everyone invests, nobody invests, both are stable is such an unsettling thing to realize applies to way more than one classroom exercise
@Yarilo7brigada Screenshotting the bot's own comeback and sending it to the group chat like it just betrayed you is such a specific 2026 way to process being wrong
@Zyron5m Sit there for eight hours and the edge gets charged 480 times is such a precise way to show that time in the building is the actual thing being taxed, not the money
@0xOrionVega Winning a Nobel Prize for the formula and losing 4.6 billion eleven months later on the same math is the kind of timeline that should be taught in every finance class as a warning label
@Nezukoa4 A billion dollars in market value tied to one fictional character's heart attack shows how thin the line between entertainment and a company's stock price actually is
@Quantex0x Same bet size every time whether you have an edge or not is such an accurate description of what most people actually do while calling it a strategy
@0xMavian The desk that sold you the option already hedged itself out before you even finished clicking buy is such an uncomfortable thing to realize about every trade you've ever made
@Di_Krass_ I really don't differentiate between trading and investing, when I played blackjack I was an investor is such a clean way to erase the line between gambling and finance that everyone insists on drawing
$1.8 billion was the largest insider trading fine ever issued. He paid it and then bought the Mets for more.
His name is Steven Cohen. He started as a small time options trader and built SAC Capital into the fund every bank on Wall Street wanted to serve.
Getting served worked like this. He paid brokers bigger commissions than anybody else, so when they had something, he got the call first.
His clients took 30% a year after fees. To hand them 30, the fund had to be making more than 60.
At 23:50 there is a hedge fund manager who called herself a seductress on tape. She was sleeping with an IBM executive, and he was telling her what IBM would do next.
At 24:53 a Goldman Sachs board member sits on a call where Warren Buffett agrees to put five billion dollars into the bank. He hangs up. He dials a hedge fund manager. The stock gets bought before the announcement.
The FBI caught them with wiretaps built for the mafia. Nobody had ever pointed one at Wall Street before.
SAC pled guilty and stopped existing. Cohen paid, and kept the rest.
@0xOrionVega Same coin, same wins, and one ends up 25,000x richer purely because of stake size is the cleanest proof that edge and survival are two completely different problems
$1.8 billion was the largest insider trading fine ever issued. He paid it and then bought the Mets for more.
His name is Steven Cohen. He started as a small time options trader and built SAC Capital into the fund every bank on Wall Street wanted to serve.
Getting served worked like this. He paid brokers bigger commissions than anybody else, so when they had something, he got the call first.
His clients took 30% a year after fees. To hand them 30, the fund had to be making more than 60.
At 23:50 there is a hedge fund manager who called herself a seductress on tape. She was sleeping with an IBM executive, and he was telling her what IBM would do next.
At 24:53 a Goldman Sachs board member sits on a call where Warren Buffett agrees to put five billion dollars into the bank. He hangs up. He dials a hedge fund manager. The stock gets bought before the announcement.
The FBI caught them with wiretaps built for the mafia. Nobody had ever pointed one at Wall Street before.
SAC pled guilty and stopped existing. Cohen paid, and kept the rest.