• 2 Posts
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Joined 3 years ago
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Cake day: August 22nd, 2023

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  • You can look up the composition of each index, before you buy it.

    Usually I need a web search to map the stock ticker to a holding company and then another wwb search to map the holding company to a real company.

    You’ll see heavy amounts of Microsoft, Alphabet (Google) and Amazon in anything that is just blindly buying with an algorithm - almost as if algorithm companies are good at fooling an algorithm…

    Searching for funds with a non-technology focus will help, or searching for funds that focus on providing a dividend return (today’s biggest tech companies are deep in debt and usually don’t pay a quarterly dividend.)

    Companies that do routinely pay a dividend are under some pressure to resoond to their customers rather than to CEO hype waves.



  • Be sure to dig into the composition of any index fund you buy. Many of them have so much technology stock that they’re both indistinguishable from each-other and also doomed.

    The market does great over time, but anyone in tech can tell you this is an abysmal time to buy in to tech stock.

    Any fund that blindly buys big popular companies is going to be shattered by the coming tech bubble bursting.

    Look for funds with rules for inclusion. Today’s tech stocks are fraught with fraud may have trouble passing those rules.

    Ethical funds exist, but don’t currently go far enough to protect your investment. Smoking is bad, but certain kinds of warmongering are apparently a-ok…

    Sector specific funds like energy, or transportation have much lower exposure to the current tech bubble.
















  • Yes. It’s somehow a fucking race to build the Torment Nexus from the classic science fiction novel “Do not build the Torment Nexus”. It’s almost unbelievable.

    You just know a bunch of these assholes are going to turn Cube into a reality, and then act surprised when they wake up inside the death trap.


  • Very strange when they dropped the slogan, like being honest about being evil got them brownie points.

    I thought it was strange too, until I realized - I think the slogan change was a deliberate message to court a specific type of investor/customer: Epstein’s billionaire pedophile friends.