Warren Buffett:
1: Never lose money.
2: Never forget Rule No. 1
Why ?
Down 10% → need +11.1% to recover
Down 20% → need +25%
Down 33% → need +50% 👇 crash territory
Down 50% → need +100%
Down 75% → need +300%
A portfolio losing >50% could take 3–5 years just recovering
@StealthQE4 😱😱😱😱😱
As well as passive investing blinding funnelling money into the top companies you mean algorithms are buying the dips at low oil prices?
@MartinSLewis Here we go. I wonder how much haggling will help Brits in retirement (note, you'd have to KNOW how to optimise those savings). Is Martin Lewis relying on haggling to fund his retirement?
Preoccupying people with this trivia is a distraction when only 27% will have comfort.
@thetimes What is really wrong with all this is the rip off costs of care homes. There is absolutely no justification for the costs they charge. Care workers are some of the worst paid professions , doctors are seldom seen so why the cost? It is pure racketeering !
Stop calling them "data centers."
These are massive surveillance infrastructure hubs built to monitor, track, and control every aspect of human life and they’re on track to lock 99% of the population into a total digital prison by 2030.
@BladeoftheS Lashing out emotionally at a technology is pointless. Claiming astute organisations are investing in fools gold imho is wishful thinking. There are some real concerns that need to be addressed and dismissing Ai serves no one.
@jemmy_wood@JudasandChariot The "Brownshirts" (formally known as the Sturmabteilung or SA) functioned as the original private army and paramilitary wing of the Nazi Party in the early days.
Farage's private militia.