4
48
noir_chat

@lemmy.world

noir_chat 23 points 3 months ago

yeah, that's the whole point of the game. "trading" is the one that will not work in the long term. staying in the index fund is the good option.

path: 0 24950076 24950125 24951539 24951619, hotness: undefined, score: 23, children: 2
noir_chat 19 points 3 months ago

yes, the message remains the same in reality and in theory

path: 0 24947330 24948020, hotness: undefined, score: 19, children: 0
noir_chat 18 points 3 months ago

there's opportunity in trading. but to assume you'll get the benefit is very similar to assuming you'll beat the casino. it's possible, but unlikely, especially in the long term.

path: 0 24950076 24950125, hotness: undefined, score: 18, children: 5
noir_chat 17 points 3 months ago

appreciate the feedback - obviously this is a rather simplified game trying to deliver a message. my personal experience is that having all that extra information in the real world doesn't really translate to beating the market as well. the buffett experiment is my go to in that sense

path: 0 24947632 24948129, hotness: undefined, score: 17, children: 2
noir_chat 15 points 3 months ago

yes, the idea is if you are in the market 100% of the time you technically draw but the couch has the moral victory : )

path: 0 24947501 24948011, hotness: undefined, score: 15, children: 4
noir_chat 13 points 3 months ago

first and best use of this meme. i should think of some easter eggs related to this... congrats and hope you liked it (was a nice couch)

path: 0 24952348 24952386, hotness: undefined, score: 13, children: 2
noir_chat 13 points 3 months ago

8 trades and timed the market - that's rare glad you enjoyed it mate!

path: 0 24949659 24949687, hotness: undefined, score: 13, children: 3
noir_chat 10 points 3 months ago

well if you won like 15ish times, then you've probably lost (does the math)... yeah let's not talk about the losses. glad you enjoyed it mate!

path: 0 24949389 24949421, hotness: undefined, score: 10, children: 0
noir_chat 10 points 3 months ago

at the core it, it's a fun little game and not much more a lot of people do "chart reading" to predict the market and this kind of pokes fun at that

the idea is trying to time the market (whether buying or selling) is very hard and the s&p500 usually wins over the mid-to-long run

and the other playing a couch is just to show how little of an effort it takes to make more money than trading - an inanimate object in an index fund can outperform you.

path: 0 24948395 24948618, hotness: undefined, score: 10, children: 6
noir_chat 9 points 3 months ago

done, refresh a few times to see it

path: 0 24950621 24951052, hotness: undefined, score: 9, children: 2
noir_chat 8 points 3 months ago

well, go easy i guess...

path: 0 24950848 24950884, hotness: undefined, score: 8, children: 0
noir_chat 7 points 3 months ago

the two lines are certainly harder/confusing to follow, i preferred the absolute numbers at the top. the preachy thing is certainly a choice, i do want to make a point with this. the whole thing is based on that tone of voice. i hear you, it'll turn some people off and i think i'm ok with it. appreciate the honest feedback.

path: 0 24950403 24950701, hotness: undefined, score: 7, children: 1
noir_chat 7 points 3 months ago

thank you, glad you enjoyed it

path: 0 24949950 24950020, hotness: undefined, score: 7, children: 3
noir_chat 6 points 3 months ago

not the same couch, cousins actually...

path: 0 24952348 24952386 24952516 24952532, hotness: undefined, score: 6, children: 0
noir_chat 6 points 3 months ago

thank you, appreciated mate

path: 0 24947380 24947993, hotness: undefined, score: 6, children: 0
noir_chat 6 points 3 months ago

yess, kind of the message hope you liked it!

path: 0 24960399 24960813, hotness: undefined, score: 6, children: 0
noir_chat 6 points 3 months ago

totally random and secret (so if you have any knowledge of the actual market, you can't really 'time' things)

path: 0 24949659 24949687 24949822 24949870, hotness: undefined, score: 6, children: 1
noir_chat 6 points 3 months ago

if you're implying i'm a robot, no also, you do taht thing you told me to do mate

path: 0 24948686 24948723, hotness: undefined, score: 6, children: 0
noir_chat 5 points 3 months ago

yes, very cheap to maintain other than the occasional cleaning : ) glad you enjoyed it mate

path: 0 24947501 24948011 24948113 24948163, hotness: undefined, score: 5, children: 0
noir_chat 5 points 3 months ago

yes but even "simpler" than that - buy the S&P500 (it's an index fund, average of all the the top 500 companies in the stock market) and hold. over the mid to long run it's going to serve you well.

path: 0 24947632 24948129 24949753 24949819, hotness: undefined, score: 5, children: 0

thanks for using Leebra!

go to feed...