Michael Luongo

I build websites and sometimes get lucky in fantasy football. Love all things markets. Prior video game designer, life-long geek.

[Michael Luongo @luongothoughts]

@StockMKTNewz Stocks can't go down without executive tweet intervention? Why is this reality?

[Michael Luongo @luongothoughts]

@PeterDiamandis Masterful engagement bait

[Michael Luongo @luongothoughts]

@AJButton2 @DrunkDividends If you think investing is vibes and not numbers, you're in for some costly lessons. Of course, even those who lean on numbers get burnt. Maybe it's enough to say investing is hard and we don't need to protect people from themselves.

[Michael Luongo @luongothoughts]

@qcapital2020 Legit advice, even though I am naturally contrarian.

It's very easy to squader years of potential returns by going too heavy on turnaround stories that take half a decade to materialize.

Counterpoint: Software is so beaten-down it could be ripe for a rapid return to the mean.

[Michael Luongo @luongothoughts]

@GodsBurnt Wait, so your high IQ argument is that it can pump easily? Do you call that investing or gambling?

[Michael Luongo @luongothoughts]

@ValueInvestShow Well said. Price targets are informed guesses where a majority of that information is chasing the trend.

[Michael Luongo @luongothoughts]

@Alleninvests Now post a gif of the 23-yo who thought they solved investing at 19, 50-bagged their portfolio, then lost it all on a poorly-timed options trade

[Michael Luongo @luongothoughts]

@based16z Those "types" will have their day again. Markets reconnect with fundamentals eventually.

[Michael Luongo @luongothoughts]

@realtoddbillion Hindsight bias

[Michael Luongo @luongothoughts]

@Tradermayne Understand the sentiment, but, like, couldn't it be argued that things have already been crazy for a long time? Like, since COVID?

[Michael Luongo @luongothoughts]

@Timboo There are bears and there are cultists

Cultists proving right would bode poorly for markets overall

[Michael Luongo @luongothoughts]

@ZachHumphries @SpaceX What's there to wish about? Nobody missed the boat, you missed the first move of what will be a volatile rollercoaster ride.

[Michael Luongo @luongothoughts]

@aaronburnett Genuinely don't understand FOMO. If anything, I am repelled by such irrational moves, not drawn to be sucked in.

[Michael Luongo @luongothoughts]

@Create_Profit Better question to ask is: How are there so many unintelligent investors

[Michael Luongo @luongothoughts]

@dpakman A window of time for insider trading on fabricated "deals"

[Michael Luongo @luongothoughts]

@charliebilello They're not betting on anything more than greater fools showing up

[Michael Luongo @luongothoughts]

@StealthQE4 Very tough watch. Close games with a meltdown every time

[Bushra Shaikh @Bushra1Shaikh]

Millionaire is a success story.

A trillionaire is a public policy discussion.

[Michael Luongo @luongothoughts]

@Amank1412 Make no mistakes