Crypto is a bet against the modern macroeconomic dogma, which is passed off as science, but is really a branch of politics – with rulers, winners, and losers.
— Naval (@naval) December 24, 2017
Very unfortunate that a new generation of traders completely misunderstand charting. Charting does not provide predictions. Rather, it can: 1.) suggest possibilities, and; 2.) identify asymmetrical R/r trades. PERIOD
— Peter Brandt (@PeterLBrandt) December 26, 2017
For the first time in history, the stock market will finish the year with positive performance every single month.
— Meb Faber (@MebFaber) December 28, 2017
Uber was “worth” $68 billion until this morning, when SoftBank got to buy 18% of the company at a $48 billion valuation.
Like comic books and baseball cards, private shares are only really worth what the next guy is willing to pay for them.
— Downtown Josh Brown (@ReformedBroker) December 29, 2017
That one friend that is trading on a different level than you. pic.twitter.com/N4zpkyXklF
— StockTwits (@StockTwits) December 26, 2017
Looks like he found a winner 🙂 pic.twitter.com/E1GEmnJ59y
— Tuur Demeester (@TuurDemeester) December 25, 2017
"I've found that the big money was never made in the buying or the selling, was made in the waiting."
– Jesse Livermore
— Stephen Burns (@SJosephBurns) December 28, 2017
Contender for quote of the year year:
"I can’t explain the valuation of big tech companies… in order to
justify the multiple that Amazon trades at today, the company would have to be worth 25% of the US economy five years from now" – Sam Zell
— zerohedge (@zerohedge) December 27, 2017
How is weed still federally illegal but the SEC ok'ed a weed ETF for investing?